News about affordable housing

PETALING JAYA (March 12): There is talk that the maximum 40-year tenure offered to affordable housing loans may be extended to all mortgages too, as one of the counter measures to address the overhang issue straining the property market now.

KUALA LUMPUR (Feb 27): Damansara Realty Bhd (DBhd) said Putrajaya Corp has cancelled a project to build 1Malaysia Civil Servants Housing (PPA1M) units and related commercial components in Precinct 5, Putrajaya.

KUALA LUMPUR (Jan 29): The larger affordable homes under the National Affordable Housing Policy (NAHP) could further erode property developers' margins if no incentives or subsidies are given to private developers, according to CIMB Research.

KUALA LUMPUR (Jan 28): Houses under KPKT’s Rent-to-Own scheme can only be resold to the ministry to prevent speculation, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (Jan 28): After working for four months, the Housing and Local Government Ministry (KPKT) has finally unveiled the National Housing Policy (Dasar Perumahan Negara/DRN) 2018–2025 today, with the objective of gathering public and private sector resources to solve the demand and supply mismatch problem.

KUALA LUMPUR (Jan 11): A central plan by the government to address the issue of affordable housing could lead to losses that may "fall on taxpayers' shoulders", warned the Institute of Democracy and Economic Affairs (IDEAS).

PETALING JAYA (Jan 10): The newly established National Affordable Housing Council which held its first meeting recently, will introduce the National Affordable Housing Policy by end of the month.

The Edge Media Group主席拿督Tong Kooi Ong指出，每个家庭都应有一个像样的居所，但有些人却没有能力负担，因此，市场需要一个能够集合各界人士资源的计划，以帮助这些家庭找到理想的家居，同时也协助解决市场供需失衡的问题。 他强调，供应不足并不是造成房价不断攀升的原因，真正的问题在于世界上所有的消费者，包括马来西亚在内，都有太多的财务负担，因此才没有能力借贷买房。 他在FundMyHome.

  KELANA JAYA (Nov 13): With all the favourable measures for first time homebuyers under Budget 2019 which will kickstart next year, RAM Ratings head of agribusiness, real estate and construction Thong Mun Wai expects property sales to improve early next year.

Penang (Oct 29): Timely delivery of affordable housing schemes in the state will be given close attention by the Penang government.