News about housing

KUALA LUMPUR (Nov 27): Urban Wellbeing, Housing and Local Government Minister Datuk Seri Abdul Rahman Dahlan is in the midst of engaging Bank Negara Malaysia (BNM) to be more lenient with the loan approval requirements for low-cost houses built by the government.

KUALA LUMPUR (Nov 26): The annual rate of appreciation for homes has dropped from 12.

GEORGE TOWN (Nov 25): The Penang government is seeking clarification from the Urban Wellbeing, Housing and Local Government on its plan to increase the prices of low cost (LC) and low-medium cost (LMC) homes.

NOV 22 (George Town): The Penang government has again defended its approvals for land reclamation projects, insisting that they will benefit the people.

PETALING JAYA (19 Nov): Details of the implementation of the RM200 million First House Deposit Financing Scheme will be finalised by the first quarter of next year, said Minister of Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan.

Matrix Concepts Holdings Bhd (Nov 18, RM2.

Petaling Jaya (Nov 16): Fresh graduates feel compelled to buy property quickly because they fear prices will soon outpace the growth of their income, said Khazanah Research Institute director of research Dr Suraya Ismail.

PETALING JAYA (Nov 6): The private sector is unable to provide affordable homes at prices on par with Perbadanan PR1MA Malaysia (PR1MA), Rumah Selangorku or other government-backed affordable housing schemes as their land cost and construction cost alone may double the selling prices of these homes, said Knight Frank Malaysia executive director Allan Sim.

We used to hear regularly of people lining up a day or two before the launch of a new property development project, just to make sure they can grab one unit or two.

PETALING JAYA (Oct 26): Construction firm Bina Puri Holdings Bhd has received a letter of intent from PR1MA Corporation Malaysia (PR1MA) for the construction of 994 apartment units and 20 shops in Johor Bahru.