Unsold homes reach new heights
KUALA LUMPUR (Jan 29): The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18).
Residential Tenancy Act needed to protect tenants’ right and avoid discrimination
KUALA LUMPUR (Jan 28): The Housing and Local Government Ministry (KPKT) will study the need to enact a Residential Tenancy Act to avoid discrimination against any races or gender, said its minister Zuraida Kamaruddin.
Govt RTO homes can only be resold to KPKT
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.
National Housing Policy 2018-2025 aims to combat record property overhang
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.
KPKT’s first Home Ownership Expo to be held in March
KUALA LUMPUR (Jan 28): The first Home Ownership Expo which will showcase over 20,000 units overhang properties worth RM22.
Medan Imbi building owner proposes buying two plots of land
KUALA LUMPUR (Jan 28): The Medan Imbi building owner has offered to buy the two plots of land where the six-storey building and fruit stall is situated.
Ex-Malakoff project director Abdul Yazid Kassim is new MRT Corp CEO
KUALA LUMPUR (Jan 28): Abdul Yazid Kassim, a former project director of Malakoff Corp Bhd, will take over as the new chief executive officer of Mass Rapid Transit Corp Sdn Bhd (MRT Corp) on Feb 1.
None the wiser over ECRL poser
KUALA LUMPUR (Jan 28): With slowing economic growth and mounting concern over RM1 trillion worth of public debts, conflicting statements over the weekend from two top Malaysian ministers over the fate of the RM81 billion East Coast Rail Link (ECRL) project have, worryingly, highlighted that there could be too many cooks in the proverbial kitchen of Malaysia’s financial and economic affairs.
BN retains Cameron Highlands parliamentary seat
TANAH RATA (Jan 26): Barisan Nasional (BN) retained the Cameron Highlands parliamentary seat after its candidate Ramli Mohd Nor, 61, won in today’s by-election there.
BN leaders have field day over Guan Eng-Azmin ECRL confusion
KUALA LUMPUR (Jan 26): In light of the “not being on the same wavelength” saga between Economic Affairs Minister Datuk Seri Azmin Ali and Finance Minister Lim Guan Eng over the status of the East Coast Rail Link (ECRL), former big wigs in the government are taking the opportunity to make some jokes at the expense of the two.
