News about housing

PETALING JAYA (Oct 29): An academic is of the view that the Housing Credit Guarantee Scheme is an innovative scheme for homeownership.

KUALA LUMPUR (Oct 22): Gagasan Nadi Cergas Bhd has secured a contract from the Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd to develop an affordable housing project in Selangor with a gross development value of RM1 billion.

The Minister of Housing and Local Government Datuk Seri Reezal Merican Naina Merican said in a recent Parliament sitting that there were currently 79 abandoned housing projects involving 17,724 housing units in Peninsular Malaysia, affecting 11,824 buyers.

KUALA LUMPUR (Oct 16): Housing problems such as supply overhang and affordability issue will not be solved without “policy interventions to try to replicate the preferred market outcome”, say two academics.

Reapfield Properties HQ real estate negotiator Andrew Tan, who is also a resident of Desa ParkCity for over a decade admits that when the residents first heard about Sofiya Residensi, objections were filed to the developer, on the basis that the project would mar the whole exclusivity of Desa ParkCity.

KUALA LUMPUR (Oct 13): The Government should consider purchasing and repurposing the unoccupied properties in matured areas and turn them into affordable housing to address two issues at one go, said the president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector of Malaysia (PEPS), Michael Kong (pictured).

Two years ago, the older generations used to scorn the physically-detached virtual world, but the pandemic has changed that.

KUALA LUMPUR (Oct 7): Among the leading causes of abandoned projects in Peninsular Malaysia are weak financial positions of developers involved and weak project viability, said Housing and Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina Merican (pictured).

KUALA LUMPUR (Oct 5): The mandatory policy of provision of affordable housing should be “relooked”, Real Estate and Housing Developers’ Association (Rehda) president Soam Heng Choon (pictured) told the FMT in a report today.

PETALING JAYA (Sept 6): The new proposed policies of Malaysia My Second Home (MM2H) programme will result in at least RM3.