News about affordable housing

GEORGE TOWN (Oct 13): As Putrajaya pledges to continue to consider how it can promote affordable housing in the soon-to-be unveiled Budget 2016, the Penang government has announced new measures to stimulate the property market in the state today.

GEORGE TOWN (Oct 12): Penang Deputy Chief Minister I Datuk Mohd Rashid Hasnon wants more affordable housing developments with cycleways as part of the government's efforts to build a cleaner, greener, sustainable state.

Applicants to buy Rumawip (affordable housing) in Kuala Lumpur are asked to pay RM15,000 upfront to show the housing developer that they are committed to the purchase, says Deputy Federal Territories Minister Datuk Dr Loga Bala Mohan.

KUALA LUMPUR (Oct 5): The government has requested government-linked companies (GLCs) such as UDA Holdings Bhd (UDA) to build more affordable housing for lower-income earners living in Kuala Lumpur.

The Penang government today launched the ‘Talents and Skill’ category for workers looking to buy affordable homes in the state.

GEORGE TOWN (Sept 10): The Penang government ‎has revived a 28-year-old project to build affordable housing, shop lots and a four-storey market and hawker complex in Paya Terubong.

KUALA LUMPUR (Aug 24): Property prices in Kuala Lumpur, Penang and Johor have outstripped the national median housing price of RM242,000, which is already considered "seriously unaffordable" at 4.