Malaysia's February inflation slows as housing, utilities costs moderate, official data show
A group covering housing, water, electricity, gas, and other fuels moderated to 2.
A group covering housing, water, electricity, gas, and other fuels moderated to 2.
Inferring the controversies surrounding the proposed Urban Renewal Act, the KPKT Minister refers to the forthcoming major legislative reform as Akta Pemulihan Strata dan Bandar (Akta PSB) and said: “Akta PSB stipulates that all existing owners will not get anything less favourable than the original”.
Optimism was at its highest in five years, according to results of a survey by the Real Estate and Housing Developers’ Association (Rehda).
On a back-of-the-envelope calculation, each unit would cost approximately RM256,998.
As non-profit entities, JMBs/MCs/RAs are not subject to corporate tax.
This marks the eleventh consecutive MPC meeting where the OPR was held at 3%, after a 25-basis-point increase from 2.
The affordable housing projects priced at RM300,000 and below in Selangor account for 13% of the market supply in 2025.
The central bank anticipates global growth to be sustained by positive labour market conditions, moderating inflation, and less restrictive monetary policies, with global trade to remain supported by the ongoing tech upcycle, although it flagged risks from uncertainties surrounding tariffs, major economies' policies, and geopolitical developments.
Our concerns regarding the proposed URA are well founded and highlight critical legal and constitutional issues.
A congestion charge is a fee imposed on vehicles entering certain busy areas, usually city centres, to reduce traffic congestion and encourage public transport use.