Housing in Malaysia: An issue of affordability, not availability
Issues of housing supply, affordability, and home ownership have been in focus of late.
Development land near public transport should be used for affordable housing, said Minister of Youth and Sports
KUALA LUMPUR (Sept 6): Minister of Youth and Sports Syed Saddiq Syed Abdul Rahman called for development land located near public transport infrastructure to be allocated for affordable housing developments, instead of selling them to the highest bidder from the private sector.
Selangor to study residential development costs
PETALING JAYA (Aug 27): The Selangor state exco has proposed to establish a taskforce that will examine the costs of residential property development to the point where the property is sold, reported The Star.
Property developer manager cons buyers in affordable homes scam
PETALING JAYA (Aug 27): A manager at a property development company was arrested by police for swindling interested buyers of affordable homes in Johor out of RM5,000 each, reported The Star.
How far has the new government caught up on its manifesto?
The Pakatan Harapan (PH) coalition had marched into the 14th General Election with a clearly delineated manifesto which promises to revamp the system, wipe out corruption, revive the economy and lower the cost of living, among others.
Will the SST will bring down property prices? Experts weigh in
PETALING JAYA (Aug 14): The Sales and Services Tax (SST) which will take effect next month will not be applied to building materials – namely bricks, cement and sand – and construction services, a move that Finance Minister Lim Guan Eng said will hopefully address property affordability issues hindering home ownership in Malaysia.
SST waiver on construction materials, services alone won't bring down home prices
KUALA LUMPUR (Aug 13): While some building materials will be exempted from the soon-to-be implemented Sales and Services Tax (SST), house prices may not come down due to the increase in other cost components, said Housing and Local Government (KPKT) Deputy Minister Datuk Raja Kamarul Bahrin Shah.
Family scammed out of over RM620,000 in affordable housing racket
KEPONG (Aug 13): A family of three were scammed out of more than RM620,000 by a syndicate claiming to be able to assist them in buying three semi-detached houses developed by Selangor State Development Corp (PKNS).
NWP aborts RM745m housing contract due to lack of progress
KUALA LUMPUR (Aug 10): NWP Holdings Bhd said today it has decided to abort a RM744.
Perak govt seeks to bring down property prices
PETALING JAYA (Aug 9): The Perak state government is looking at ways to bring down property prices in the state, reported The Star.
