News about housing

KUALA LUMPUR (Sept 13): Property developers have hit back at the Selangor government for amending policies and imposing surcharges that would increase their costs of business, an issue that becomes all the more critical when the current soft market forces them to compete for the segment that demands affordable homes.

KUALA LUMPUR (Sept 13): Analysts expect no significant impact on the local property market, following the government’s move to allow eligible property developers to obtain a licence under the Moneylenders Act and Pawnbrokers Act to provide up to 100% financing for homebuyers.

PETALING JAYA (Sept 9): The government should work with property developers to ensure easy accessibility to public transport and infrastructure.

KUALA LUMPUR (Sept 9): Representatives from various media organisations in Hong Kong, Singapore and Indonesia were given an overview of the Malaysian property market by TheEdgeProperty.

PETALING JAYA (Sept 8): The Urban Wellbeing, Housing and Local Government Ministry will be issuing money lending licences to eligible property developers to provide financing for homebuyers.

KUALA LUMPUR (Sept 1): Iris Corp Bhd is seeking international partners to fund the 1Malaysia Civil Servants Housing (PPA1M) programme.

PETALING JAYA: The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state.

KUALA LUMPUR (Aug 1): Bina Puri Holdings Bhd has bagged an RM80 million contract from Arus Sutera Sdn Bhd to provide project management consultancy services for 440 units of walk-up flats under the People's Housing Project in Pitas, Sabah.

KUALA LUMPUR (July 21): First-time home owners continue to have access to financing, said Bank Negara Malaysia (BNM), in response to calls for lending guidelines to be reviewed to ease home ownership for first-time homebuyers.

KUALA LUMPUR (July 14): Bank Simpanan Nasional (BSN) is striving to get 10,000 new borrowers for its Youth Housing Scheme to boost its current low take-up rate, Bernama reported today.