Affordable housing influx may worsen overhang situation

PETALING JAYA (April 21): A growing supply of affordable housing – variously defined as priced below RM500,000 to below RM200,000 by different authorities and consultancies – by public and private entities threatens to keep overhang units undigested, reported The Edge weekly.

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JKPTG sets up fund to help solve strata title woes

PETALING JAYA (April 19): The Department of Director General of Land and Mines (JKPTG), which falls under the Ministry of Natural Resources and Environment, has established a Strata Ownership Special Fund (Tabung Khas Hak Milik Strata) with an allocation of RM12.

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AIIB considering financing KL-Singapore HSR

KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.

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