Datuk’ held over housing project cheating case
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.
Malaysia needs to incentivise material imports to encourage affordable housing
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.
PPA1M Bukit Jalil buyers get their keys 17 months early
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.
IDEAS: Lowering housing loan interest rates hides property market problems
KUALA LUMPUR (Jan 29): The Institute for Democracy and Economic Affairs (IDEAS) said the suggestion to lower the interest rates on housing loans by the government would hide issues faced by the local property market.
Federal govt proposes lower mortgage interest rate despite higher OPR
PETALING JAYA (Jan 26): The federal government will propose a lower mortgage interest rate to Bank Negara Malaysia despite the central bank raising the overnight policy rate (OPR) by 25 basis points to 3.
DBKL to impound PPR homes of tenants throwing objects from higher floors
PETALING JAYA (Jan 17): Following the tragic death of a 14-year-old who was struck by a falling chair thrown off the higher floors of a Pantai Dalam public housing scheme, Dewan Bandaraya Kuala Lumpur (DBKL) will impound the homes of residents caught littering or tossing objects from higher floors.
Overlaps in jurisdictions need to be addressed for property management
PETALING JAYA (Jan 12): There are significant overlaps in jurisdictions between the Ministry of Urban Wellbeing, Housing and Local Government (KPKT) and the Ministry of Finance (MoF) over the regulation of property management that need to be resolved, said industry associations.
Government pensioners' children can buy PPA1M houses
KUALA LUMPUR (Jan 11): More good news for government pensioners.
Mitrajaya bags RM103m civil servant housing project
KUALA LUMPUR (Jan 9): Mitrajaya Holdings Bhd has been appointed as the main building works contractor for a public housing project in Precint 17, Putrajaya.
Ascension Tech to use Ajiya's building solutions in its affordable housing projects
KUALA LUMPUR (Jan 8): Ajiya Bhd is teaming up with Ascension Technology Sdn Bhd to promote affordable housing in Malaysia by using Ajiya's innovative construction technique.
