News about housing

PETALING JAYA (Aug 16): The outgoing Housing and Local Government Minister Datuk Zuraida Kamaruddin expressed her gratitude to the former prime minister Tan Sri Muhyiddin Yassin for leading Malaysia for close to two years and continuing to serve the country as caretaker prime minister.

SINGAPORE (August 11): A large-scale pilot project will take place in Tampines where heat-reflective paint will be painted on some 130 housing blocks in an effort to reduce ambient temperature by 2°C, reported The Straits Times.

Recently, there have been plenty of “judicial review” proceedings mounted by housing developers at the courts of law to challenge the jurisdictions of the Housing Tribunal through what we deem as deliberate frustrations on grounds of legal technicalities, forcing laymen to expend legal fees against the developers’ battalion of lawyers.

KUALA LUMPUR (Aug 3): Freight Management Holdings Bhd is buying two pieces of vacant industrial land in Klang for RM56.

PUTRAJAYA (July 27): The housing development sector is allowed to resume operation under Phase 1 and 2 of the National Recovery Plan (NRP) effective immediately, said the Ministry of Housing and Local Government (KPKT) today.

PETALING JAYA (July 19) Savills has acquired a strategic interest in the Malaysian supply chain consulting business LCA.

Abu Kassim had been staying at a condominium for 12 years, diligently paying his dues.

KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.

For too long, loan borrowers have been at the losing end as many do not fully understand the terms and conditions (T&C) stated in housing loans or financing contracts.

KUALA LUMPUR (May 6): Knight Frank London saw record-breaking activities in March, laying the groundwork for sustained momentum going into the summer as the UK economy reopens.