BNM’s Fund for Affordable Homes to help lower income group own property
KUALA LUMPUR (Jan 29): Bank Negara Malaysia (BNM) has launched the Fund for Affordable Homes to help the lower income group in the country to own a home.
George Kent clarifies director’s remark on LRT3 is in private capacity
KUALA LUMPUR (Jan 28): George Kent (Malaysia) Bhd has clarified that its non-executive director Datuk Dr Keizrul Abdullah’s remark on the award of the LRT3 project was made in his private capacity.
Non-Penangites can now buy affordable homes in state to address overhang
GEORGE TOWN (Jan 29): Non-residents of Penang are now allowed to purchase affordable homes in the state as the authorities here attempt to fix the “overhang situation”.
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CIMB Research: National Affordable Housing Policy could bite into developers' margins
KUALA LUMPUR (Jan 29): The larger affordable homes under the National Affordable Housing Policy (NAHP) could further erode property developers' margins if no incentives or subsidies are given to private developers, according to CIMB Research.
Localised slab failure occurred at Bukit Bintang City Centre, no injuries reported
PETALING JAYA (Jan 29): A localised failure of a slab occured last Friday (Jan 25) at the Bukit Bintang City Centre (BBCC) development on the former Pudu Jail site in Kuala Lumpur, said Eco World Development Group Bhd (EcoWorld) in a press statement today.
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.
