News about affordable housing

The association explained that this would “eliminate the current practice of cross-subsidies that raise the costs of regularly priced housing, making it more expensive for the M40 rakyat to afford homes”.

"This partnership will enhance awareness and knowledge of affordable housing, which is crucial at times like this.

These lands are strategically located within the proximity of multiple industrial parks and the region’s economic hub of Johor Bahru, being just 18 kilometres (km) away from Senai International Airport with its associated logistics and industrial hubs, and 39km away from Johor Bahru city centre.

Calls for HOC to be extended to secondary market It is that time of the year again, but with a heightened sense of anticipation this time round.

KUALA LUMPUR (Dec 7): The government will set up a panel of experts to review the ceiling price of the existing affordable housing, said Deputy Housing and Local Government Minister Datuk Seri Ismail Abd Muttalib.

KUALA LUMPUR (Oct 22): Gagasan Nadi Cergas Bhd has secured a contract from the Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd to develop an affordable housing project in Selangor with a gross development value of RM1 billion.

KUALA LUMPUR (Oct 13): The Government should consider purchasing and repurposing the unoccupied properties in matured areas and turn them into affordable housing to address two issues at one go, said the president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector of Malaysia (PEPS), Michael Kong (pictured).

KUALA LUMPUR (Oct 5): The mandatory policy of provision of affordable housing should be “relooked”, Real Estate and Housing Developers’ Association (Rehda) president Soam Heng Choon (pictured) told the FMT in a report today.

PETALING JAYA (Nov 9): The government's effort in promoting public housing and affordable homes is laudable, but it is equally important to ensure the supply meets the actual market needs, said Savills (Malaysia) managing director Datuk Paul Khong.

SHAH ALAM (Aug 7): After two decades, 203 Idaman Warisan homeowners can finally rejoice as they received their keys to their homes at a handover ceremony yesterday organised by the Menteri Besar Selangor Incorporated (MBI Selangor).