News about housing

DBKL should treat its underlying problems with financial accountability rather than increase rates that will cause inflation and make the rakyat suffer the domino effect down the supply chain.

The programme, introduced back in 2017, was previously limited to installation of solar photovoltaic (PV) systems on rooftops.

“The Rule of 78 front-loads interest payments, meaning borrowers pay a larger portion of the total interest in the early stages of the loan.

Melaka Domestic Trade and Cost of Living Ministry (KPDN) director Norena Jaafar: “Fraud cases involving home contractors often occur because homeowners hire unregistered contractors, connect with them through third parties or social media platforms like Facebook or fail to document agreements properly.

The new proposal also requires FSPs to verify the actual purpose of the financing by requesting supporting documents from the financial consumer before treating additional financing as home financing.

“REHDA understands that homeowners want to ensure that their rights are protected against errant developers or contractors, but the guidebook was never meant to be used as a checklist of any sort,” said president, Datuk Ir Ho Hon Sang.

Anwar encouraged both the state and federal governments to work together to get this project started as quickly as possible.

In recent years, the Penang Turf Club has signalled its intent to sell its land, potentially fetching up to RM6 billion.

Taking vacant possession of a home is a momentous occasion.

The latest 50MW quota for households is in addition to the 50MW quota opened up in September.