News about housing

PETALING JAYA (April 11): The UK’s new home sizes have contracted to levels seen during 80 years ago, underscoring growing concerns over small homes that lie at the heart of the country’s housing crisis,  reported the South China Morning Post.

KUALA LUMPUR (April 3): Up to 300 units of 1Malaysia People’s Housing project (PR1MA) homes would be built in each state constituency, Terengganu Menteri Besar Datuk Seri Ahmad Razif Abd Rahman, revealed yesterday.

PETALING JAYA (March 30): The Ministry of Urban Wellbeing, Housing and Local Government must give homebuyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today.

PETALING JAYA (March 28): The rejection rate of housing applications has declined to below the average rate of about a quarter of all cases, said Bank Negara Malaysia (BNM) in its “Financial Stability and Payment Systems Report 2017”.

PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) “Financial Stability and Payment Systems Report 2017” released today.

Pesona Metro Holdings Bhd (March 26, 37 sen) Maintain buy with a target price (TP) of 52 sen: Pesona Metro Holdings Bhd announced that it has been awarded a RM216.

KUALA LUMPUR (March 23): There is a mismatch between the type of houses built under the 1Malaysia People’s Housing Scheme (PR1MA) and the demand for them.

KUALA LUMPUR (March 21): The government has plans to redevelop old houses “for the comfort and benefit of the people in the country”, minister of Urban Wellbeing, Housing and Local Government Ministry (KPKT) Tan Sri Noh Omar (pictured) said yesterday.

SERDANG (March 19): Bagan Datuk in Perak is set for transformation with a sizeable development allocation of RM2.

PETALING JAYA (March 8): Axis REIT Managers Bhd head of investment Siva Shanker expects the performance of third-tier shopping malls to worsen, with these spaces eventually becoming store rooms for e-commerce businesses, if they do not stay relevant.