News about affordable

GEORGE TOWN (Sept 10): The Penang government ‎has revived a 28-year-old project to build affordable housing, shop lots and a four-storey market and hawker complex in Paya Terubong.

KUALA LUMPUR (Aug 25): Kuala Lumpur City Hall (DBKL) is redevloping old council flats in an effort to provide 50,000 affordable homes in the city.

KUALA LUMPUR (Aug 24): Property prices in Kuala Lumpur, Penang and Johor have outstripped the national median housing price of RM242,000, which is already considered "seriously unaffordable" at 4.

Penang executive councillor for housing, town and country planning Jagdeep Singh Deo has denied claims made in a news report entitled “Cheaper homes out of reach – locals upset with state’s rejection of applications for affordable houses”.

JOHOR BAHRU (July 1): Demand for medium, affordable and low-cost housing in Johor’s Iskandar region remains strong, says Iskandar Regional Development Authority (IRDA) chief executive Datuk Ismail Ibrahim.

NEGRI SEMBILAN (June 5): The Negri Sembilan new housing policy, which among others include the raising of the bumiputera quota from 30% to 50%, is effective today.

KUALA LUMPUR (April 28): Developing more high-rise accommodation may help solve the shortage of affordable housing, said property consultants at the National Affordable Housing Summit 2015 recently.

KUALA LUMPUR (April 15): Residential properties priced between RM200,000 and RM500,000 will drive demand for housing this year, said Deputy Finance Minister Datuk Chua Tee Yong.

SHAH ALAM (April 10): Sin Heap Lee Development Sdn Bhd (SHL) recently launched its Sri Budiman Apartments — an affordable 536-unit guarded home development within the 150-acre (60.

KUALA LUMPUR (April 6): Freshly-listed MCT Bhd will focus on developing affordable housing in the Klang Valley in the near term.