KUALA LUMPUR (April 4): Banks and other financing institutions should look at non-linear data to better respond to the financing needs of low-income customers.
KUALA LUMPUR (April 4): Malaysia will need an integrated property database that could serve as a launch pad for future policy direction and actions by both the government and private sector players.
KUALA LUMPUR (April 3): Banks should look into utilising waqf trusts as a tool to improve affordable home ownership in the country.
KUALA LUMPUR (April 2): Malaysia is currently studying the Residential Tenancy Act to provide new laws governing the country's housing rental market, said the Housing and Local Government Ministry today, adding the new act will take two years to develop.
KUALA LUMPUR (April 2): Malaysia's Housing and Local Government Ministry is looking to secure foreign financiers to fund a Rent-to-Own (RTO) scheme for houses that will be built under the National Affordable Housing Policy.
PENANG (April 1): Penang exco Jagdeep Singh Deo said he has the figures to show that price hikes in normal housing, due to developers having to comply with affordable housing units, are not more than 5%.
PETALING JAYA (March 27): Continuing soft market conditions and affordability issues in the country may see the level of unsold housing units rise further in the short term, however, sharp declines in house prices are unlikely, said Bank Negara Malaysia (BNM) in its Financial Stability and Payment Systems Report 2018.
KUALA LUMPUR (March 27): The government plans to introduce new rules on resale of affordable houses under the Affordable Housing Policy to control prices and ownership and to ensure the houses are utilised by only eligible applicants.
KUALA LUMPUR (March 25): The Federal Government is currently reviewing the suitability of lands that have been offered by state governments for affordable housing purposes, said Housing and Local Government Minister Zuraida Kamaruddin.
NILAI (March 16): All government affordable housing projects would be built using the industrialised building system (IBS) technology by 2024, said Housing and Local Government Minister Zuraida Kamaruddin.