News about affordable housing

We used to hear regularly of people lining up a day or two before the launch of a new property development project, just to make sure they can grab one unit or two.

PETALING JAYA (Oct 26): Construction firm Bina Puri Holdings Bhd has received a letter of intent from PR1MA Corporation Malaysia (PR1MA) for the construction of 994 apartment units and 20 shops in Johor Bahru.

We asked several property experts and agents on their views on the lack of changes or announcements on Real Property Gains Tax (RPGT) and Developers Interest Bearing Scheme (DIBS) for Budget2016.

KUALA LUMPUR (Oct 20): Hunza Properties Bhd is acquiring a 3.

(Oct 20): The federal government's Projek Rumah 1Malaysia (1Malaysia Housing Project) or PR1MA in Penang may see the take over of projects by other developers, Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said today.

    PETALING JAYA (Oct 20): In an initiative to make home ownership more affordable for the lower income group, Mah Sing Group will be hosting an event for members of the public to register their interest in purchasing a unit of Cendana Apartments, a Rumah Selangorku project, at M Residence 2 @ Rawang.

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.