Developers urged to build more affordable homes
KUALA LUMPUR (April 27): Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah said the supply of affordable housing is not sufficient to meet demand.
KUALA LUMPUR (April 27): Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah said the supply of affordable housing is not sufficient to meet demand.
KUALA LUMPUR (April 12): Mah Sing Group Bhd sees the worst to be over for the Malaysian property market as various market indicators appear to have bottomed out with residential property transactions seen to be contracting at a slower pace, while growth in house prices moderates.
KUALA LUMPUR (April 11): Malaysia's construction segment is expected to grow between 8% and 10% in 2016 in terms of projects undertaken, driven by government infrastructure projects, said Works Minister Datuk Seri Fadillah Yusof.
AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.
AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.
AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.
KUALA LUMPUR (April 4): Dissatisfaction over expensive home prices has been escalating in Malaysia in recent years, with prices now reportedly beyond the reach of an average worker in key states like Kuala Lumpur and Penang.
KUALA LUMPUR (April 4): The shift of focus to affordable housing below the RM500,000 per unit range, which has been seeing more resilient demand than higher-end properties, may strain the margins of developers, especially those who are not traditionally involved in this housing category, said Kenanga Investment Bank.
PETALING JAYA (March 11): Close to a third of 159 respondents to the Real Estate Housing Developers Association (Rehda) Property Industry Survey 2H2015 agree that the main issue with affordable housing is the increased overall cost of doing business.
PETALING JAYA (Feb 18): MK Land Holdings Bhd will be launching a total of five new products in the affordable housing segment, led by its condominium project Residensi Suasana @ Damai located at Damansara Damai with a gross development value of RM400 million before its financial year ends on June 30, 2016.