PR1MA may be dissolved
PETALING JAYA (April 30): The 1Malaysia People’s Housing (PR1MA) scheme may be dissolved, pending its due diligence report that is expected to be completed within two months.
PR1MA may be dissolved
PETALING JAYA (April 30): The 1Malaysia People’s Housing (PR1MA) scheme may be dissolved, pending its due diligence report that is expected to be completed within two months.
Take action against banks only if they don't lend to first-timers and buyers of affordable homes, says HBA
PETALING JAYA (April 27): Although the National House Buyers Association supports the move by the Ministry of Finance (MoF) to take action against banks who fail to give out housing loans to those eligible, the consumer body has proposed that action be taken only against banks that fail to lend to first-time homebuyers and those seeking to purchase affordable homes priced below RM300,000.
Group calls for more transparent advertising guidelines for primary housing market
KUALA LUMPUR (April 26): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) is calling upon the Housing and Local Government Ministry to change primary housing market advertising regulations so that housing prices in advertisements are clearer in nature.
‘Comparable valuation of properties contributes to inflated prices’
KUALA LUMPUR (April 26): One of the reasons house prices are inflated in certain parts of the country is the sales comparison approach used in evaluating property prices here, said Khazanah Research Institute (KRI).
Khazanah Research: Comparable property valuation leads to inflated prices
KUALA LUMPUR (April 25): Housing price discovery using the sales comparison approach is one of the reasons prices of residential units are inflated in certain parts of Malaysia, according to Khazanah Research Institute (KRI).
100% rebate for low, medium-cost building management offices
PETALING JAYA (April 25): Subang Jaya Municipal Council (MPSJ) is offering 100% rebate on assessment fee for management offices in low- and medium-cost flats or apartments under its municipality this year.
KPKT's first park to turn trash to cash in two years
KUALA LUMPUR (April 22): Housing and Local Government Minister Zuraida Kamaruddin plans to turn waste to profit by setting up designated waste parks in every state to focus on upcycling waste products.
Zuraida: Doubling affordable homes in Bandar Malaysia is a very good move
PETALING JAYA (April 20): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin praised the doubling of affordable housing under the revived Bandar Malaysia project, reports Malaysiakini.
Rehda: Biggest hurdle for property market is strict lending conditions by banks
PETALING JAYA (April 16): The Real Estate and Housing Developers’ Association (Rehda) said the strict conditions imposed by banks on home loan applicants is the biggest hurdle in the property market.
