News about housing

KUALA LUMPUR (April 10): The residential property sector is envisaged to remain sluggish this year, checked by depressed consumer sentiment and selective lending by banks, said RAM Rating Services Bhd.

STUDENT accommodation, once considered a niche sector, has emerged as one of the most sought after.

PUTRAJAYA (March 31): Malaysians should change their mindset and rent houses for a longer period instead of buying them at a young age so as to avoid being trapped in a huge long-term debt, says Second Finance Minister Datuk Seri Johari Abdul Ghani (pictured).

PETALING JAYA: The Association of Banks in Malaysia (ABM) said the approval rate for housing loans in 2016 is high at 73.

KUALA LUMPUR (March 16): Sales of houses under the under the 1Malaysia People's Housing Programme (PR1MA) totalled 4,243 as at January, said Minister in Prime Minister's Department Datuk Seri Shahidan Kassim.

Tiong Nam Logistics Holdings Bhd (March 8, RM1.

PETALING JAYA (March 8): The rejection rate for housing loans is as high as 60%, causing property sales to remain sluggish, says the Real Estate and Housing Developers' Association (Rehda).

PUTRAJAYA (March 3): Datuk Seri Abdul Rahman Dahlan (pictured) has denied any abuse of power in granting an extension of time for the construction of a condominium development when he was the Urban Wellbeing, Housing and Local Government Minister, Bernama reported today.

KUALA LUMPUR (March 2): SkyWorld Development Group’s SkyAwani 2 Residences’ Tower B was fully taken up within two hours at the official launch last weekend.

IF there is one thing the global financial crisis taught us, it is this: When you lend money to cash-strapped individuals, time bombs can and do explode.