News about housing

PETALING JAYA (Sept 28): The Real Estate and Housing Developers’ Association (Rehda) hopes the government will seriously consider three key areas, namely financing, cost of doing business and the GST exemption, said president Datuk Seri FD Iskandar Mohamed Mansor.

PETALING JAYA (Sept 20): The Real Estate and Housing Developers' Association Malaysia (Rehda) recent survey showed that only 31% of respondents had new launches in the first half of the year, representing a 12% drop from 2H16.

KUALA LUMPUR (Sept 11):  The Federal Territories Ministry is studying the feasibility of having automated multi-storey car parks at People's Housing Projects (PPR) here to solve the problem of parking spaces.

KUALA LUMPUR (Sept 5): The authorities are ramping up action against condo and apartment owners defaulting on maintenance payments — by raiding their units and seizing movable items, The Star reported today.

KUALA LUMPUR (Aug 29): An expected rise in large infrastructure projects and affordable housing ahead of the general election is likely to further raise the government’s already-huge contingent liabilities, said RAM Rating Services Bhd.

KUALA LUMPUR (Aug 29): Tiong Nam Logistics Holdings Bhd, whose first-quarter (1Q) net profit dropped 94.

KUALA LUMPUR (Aug 10): One of the starting points in efforts to make cities, including in Malaysia, more sustainable is to be more aware of the needs of its citizens instead of just focusing on the space that can be built on.

KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.

GEORGE TOWN (July 31): Adherence to the terms and conditions of application for Low-Cost Housing Programs (PPKR) in Penang was not up to par, according to the Auditor-General's Annual report 2016 Series 1.

KUALA LUMPUR (July 25): The government is looking to establish a single authority to regulate the housing industry especially for affordable housing in the country.