News about housing

KUALA LUMPUR (March 6): People's Housing Project (PPR) tenants will be able to buy their units through a rent-to-own (RTO) scheme, according to a Bernama report.

PETALING JAYA (Feb 26): Only one child of a government pensioner is eligible for affordable homes offered by the 1Malaysia Civil Servants Housing Programme (PPA1M), said Chief Secretary to the Government Tan Sri Dr Ali Hamsa (pictured).

KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.

KUALA TERENGGANU (Feb 20):  The Ministry of Urban Wellbeing, Housing and Local Government has approved the allocation of RM11 million for the upgrading of 17 medium-low and low cost flats in Terengganu since 2014 until last year.

KUALA LUMPUR (Feb 13): While many Malaysians are complaining that property prices have gone beyond affordability, World Bank director of urban development Dr Sameh Naguib Wahba Tadros, however, points out that homeownership is not meant for all.

KUALA LUMPUR (Feb 12): More consumer surveys should be done to collect detailed data in order to understand the true needs of affordable housing in Malaysia, said the World Bank.

KUALA LUMPUR (Feb 12): The Malaysian property market will continue to be challenging but stable with greater focus on affordable housing, according to real estate consultancy Rahim & Co International Sdn Bhd.

KUALA LUMPUR (Feb 12): The police have arrested a man with a ‘Datuk’ title in connection with the 1Malaysia Affordable Housing Project involving a loss of RM9.

KUALA LUMPUR (Feb 7): Malaysia has to incentivise material imports even more in order to enhance its affordable housing efforts even though it is ahead of other countries, Bernama reported Australia’s Compass Housing Services as saying today.

KUALA LUMPUR (Feb 6): Property developer Aset Kayamas Sdn Bhd has completed its 1Malaysia Civil Servants Housing (PPA1M) project in Bukit Jalil, 17 months ahead of scheduled completion in May 2019.