News about housing

Urban regeneration in Kuala Lumpur needs to take a more community-centered and creative approach.

“This is intended to achieve [the city’s] target of 40% affordable housing units by 2040.

“Urban regeneration is a process that takes time and involves multiple stakeholders coming together.

BNM on Thursday announced that the overnight policy rate (OPR) will remain at 3% following the Monetary Policy Committee’s two-day meeting, which aligns with expectations from economists surveyed by Bloomberg.

According to UN-Habitat, cities of the future can accommodate at least 15,000 people per km², that is 150 people/ha or 61 people/acre, and we need to assess if our city meets that ratio in sustainable urban growth.

“At the current OPR level, the monetary policy stance remains supportive of the economy, and is consistent with the current assessment of inflation and growth prospects,” BNM said.

The GBI rating tool was introduced by PAM and ACEM in 2009.

Dexter Koh, deputy president, Malaysian Institute of Architect: “I don’t think all projects should be halted and I sense this as a knee-jerk reaction to the problem,” KUALA LUMPUR (Aug 30): The suspension of new construction approvals in the city and the requirement for all projects to comply with geotechnical reports is an “overkill”, said Dexter Koh, deputy president, Malaysian Institute of Architects.

The directive was issued by Kuala Lumpur Mayor Datuk Seri Maimunah Mohd Sharif, according to a letter issued by DBKL's executive director for planning Datuk Zulkurnain Hassan on Monday.

The Madani Deposit could provide up to RM30,000 financial assistance for first-time homebuyers.