Amanah Hartanah Bumiputera declares 2.5 sen interim distribution, pays out RM118.7 mil to 87,000 unitholders
KUALA LUMPUR (April 9): Amanah Hartanah Bumiputera (AHB) has declared an interim income distribution of 2.
Affordable freehold semi-D & terrace homes at Taman Sinar Permata
Taman Sinar Permata is a landed residential development located in Bandar Baharu, Kedah, offering a limited collection of single-storey homes designed for comfortable family living.
Other Malaysian states should mirror Sabah’s Bumiputera quota model to reduce unsold units
Sabah’s approach provides homebuyers with more flexibility in terms of unit selection and removal of the holding period for reselling, according to participants of the Real Estate and Housing Developers' Association (Rehda) Institute’s workshop on housing quota.
PHBAM aims to scale AHB fund to RM20 bil by 2030
PHBAM, the wholly-owned subsidiary of Pelaburan Hartanah Bhd (PHB), is replacing Maybank Asset Management Sdn Bhd (MAM) as the manager for AHB fund.
Builders group appeals to expand diesel subsidy to cover construction vehicles
The cutting of blanket diesel subsidies has increased the cost of construction materials like quarry products and ready-mix concrete, indirectly affecting the industry, as the majority of construction contracts are fixed-price lump sums, said MBAM and PKBM in a joint statement on Thursday.
PHB to independently manage AHB funds, aims to quadruple fund size to RM20b
“PHBAM’s primary objective aligns closely with PHB’s mandate of increasing the capacity and wealth of Bumiputera through commercial real estate ownership.
Govt proposes creation of Bumiputera Land Corporation
If the lease size exceeds 50 acres (20.
Bumiputera quota: Rehda calls on govt to set automatic release mechanism to resolve housing issues
Consequently, this has led to “a number of unintended consequences”, the first of which is the increased number of completed but unsold units, which Tong said is incorrectly labelled as “overhang”.
Bumiputera lots: Why should innocent house buyers pay for state agencies’ negligence?
LPHS and the Selangor Land and Mines Office (PTGS) are supposed to monitor the sale under the bumiputera quotas (median 40% imposition in Selangor) with a bumi discount of 7% of the sale and purchase agreement price vis-a-vis residential per se irrespective landed or stratified.
Homeowners unknowingly sold bumiputera lots, slapped with RM13m penalty fees
“The Selangor Land and Mines Office (PTGS) is refusing to release the titles unless we pay a 12% penalty.
