News about housing

KUALA LUMPUR (Feb 10): Local Government and Housing Minister Zuraida Kamaruddin has clarified today that she never got her academic qualifications from the National University of Singapore (NUS) or Harvard University in the US.

Look at your grandparents’ single-storey 3,000 sq ft bungalow house with a car porch and lush garden in Petaling Jaya that only cost them less than RM100,000 40 years ago.

PETALING JAYA (Jan 30): The National House Buyers’ Association (HBA) has come up with a suggestion to fix the overhang problem of residential properties in the affordable pricing range: rent them out.

PETALING JAYA (Jan 29): Gamuda Bhd is ready to provide support to property developers and the government with the company’s digital robotic industrialised building system (IBS) technology to build and deliver new affordable homes for Malaysia in line with the new National Housing Policy.

PETALING JAYA (Jan 29): Malaysia’s new National Housing Policy (Dasar Perumahan Negara/DRN) 2018-2025 provides  property developers with more clarity on the  possible ways the private and public sector can work together to resolve the market mismatch issue in the country, said Real Estate and Housing Developers’ Association Malaysia (Rehda) President Datuk Soam Heng Choon.

KUALA LUMPUR (Jan 29): Real Estate & Housing Developers' Association Malaysia (Rehda) president Datuk Soam Heng Choon said the property mantra of location, location, location no longer holds true these days, having overtaken by location, pricing and type.

GEORGE TOWN (Jan 29): Non-residents of Penang are now allowed to purchase affordable homes in the state as the authorities here attempt to fix the “overhang situation”.

KUALA LUMPUR (Jan 29): The larger affordable homes under the National Affordable Housing Policy (NAHP) could further erode property developers' margins if no incentives or subsidies are given to private developers, according to CIMB Research.

  KUALA LUMPUR (Jan 29): The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18).

KUALA LUMPUR (Jan 28): The Housing and Local Government Ministry (KPKT) will study the need to enact a Residential Tenancy Act to avoid discrimination against any races or gender, said its minister Zuraida Kamaruddin.