GEORGE TOWN (Oct 7): The Penang government is still awaiting a final opinion from its legal advisor's office pertaining to measures to be taken against those who abused the affordable housing system, Bernama reported today.
PETALING JAYA: The state government is exploring a number of measures to bring down contribution costs imposed upon property developers, said Penang State Exco for Housing and Town & Country Planning Jagdeep Singh Deo.
PROPERTY transaction costs and taxation are becoming increasingly important considerations for investors.
KUALA LUMPUR (Feb 15): Much has been done in a year to improve conditions at the Kota Damansara low-cost (PPR) flats in Petaling Jaya, Selangor.
KUALA LUMPUR (Nov 27): Urban Wellbeing, Housing and Local Government Minister Datuk Seri Abdul Rahman Dahlan is in the midst of engaging Bank Negara Malaysia (BNM) to be more lenient with the loan approval requirements for low-cost houses built by the government.
GEORGE TOWN (Nov 25): The Penang government is seeking clarification from the Urban Wellbeing, Housing and Local Government on its plan to increase the prices of low cost (LC) and low-medium cost (LMC) homes.
KUALA LUMPUR (Nov 20): Kuala Lumpur City Hall has allocated more than RM201 million for public housing in its 2016 budget.
The Penang Real Estate and Housing Developers Association (Rehda) has called on the state government to look into development charges and various requirements imposed on developers and the industry in view of declining property sales.
KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.
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