Knight Frank: More thought and research needed on government’s housing initiatives
PETALING JAYA (Feb 11): The recently launched National Housing Policy 2.
Zuraida clarifies she never graduated from NUS or Harvard, say reports
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.
Five things you probably did not know about the size of Malaysian homes
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.
HBA: Rent out the affordably priced unsold properties if they can’t sell
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.
IBS could contribute in delivering affordable homes target
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.
Rehda: Developers could work more closely with KPKT under 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.
Rehda: Not location, location, location anymore but location, pricing and type
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.
Non-Penangites can now buy affordable homes in state to address overhang
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”.
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CIMB Research: National Affordable Housing Policy could bite into developers' margins
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.
Unsold homes reach new heights
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).
