News about housing

The Sultan also reminded the public that Kampung Baru was established in 1899 and officially recognised as a Malay settlement for agricultural purposes, a designation granted by his late ancestor, the fifth Sultan of Selangor, Sultan Sir Alaeddin Sulaiman Shah Ibni Raja Muda Musa, through the Selangor Government Gazette dated Jan 12, 1900, which classified it as a Malay agricultural settlement.

EdgeProp editorial and branding head Jacqueline Lim: Penang’s residential overhang steadily eased from 5,493 units in 2020 to 2,069 units in 2024, reflecting a gradual absorption of unsold stock.

“Developers often don’t even have dedicated bumi sales staff or marketers, so the message gets lost with prospective buyers.

Chief Minister Chow Kon Yeow: The amendment involves more than 210,000 land titles and 184,000 strata titles, which will be reclassified according to the new land status.

Nga, who is also president of the UN-Habitat Assembly, cautioned that rising demands for housing, transport, and infrastructure could strain resources and widen social inequalities without proactive measures.

The YPLab 2025 winning group’s representative, Najat Amer Nordin, 36, stated their core idea was to activate the Kampung Pasir Baru bund from a dead space into a living infrastructure.

Housing and Local Government Minister Nga Kor Ming: By collaborating with China, we can foster mutual learning and adapt proven solutions to local contexts, from smart home integration and digital infrastructure to artificial intelligence (AI-dr)iven housing management, data-driven urban services, and affordable housing models for middle- and low-income groups.

“This dual success in tourism and foreign investment demonstrates that Malaysia is on the right track under the government’s leadership.

“This is not about gentrification, as they will return to their original neighbourhood once the houses are completed.

“Through the joint venture offer, flat owners are offered a replacement house valued between RM884,000 and RM1 million.