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The programme aims to support homebuyers throughout their journey and offers attractive benefits at every stage of the homebuying process.

“Social housing for rentals should become the social housing stock of the nation to provide transit housing for the incoming deserving households.

One of the biggest piles that end up as trash is when we move house, and if you don't know yet, they are one of the domestic causes of the heatwave.

Local Government Development Minister Nga Kor Ming said: "This step is one of the collective initiatives between the government and housing developers in providing homes for the people.

“We should not ‘brand’ affordable housing as an effort that only the government can provide,” said Suraya Ismail, Director of Research in Khazanah Research Institute.

The association also wants the creation of a Housing Index “as different states and localities have different standards or definitions of affordable housing.

The association explained that this would “eliminate the current practice of cross-subsidies that raise the costs of regularly priced housing, making it more expensive for the M40 rakyat to afford homes”.

In a statement on May 31, the developer said the figure was lower than the RM8 million it recorded a year earlier, primarily due to the expense of RM3.

The piling and engineering firm also faces delisting if it fails to issue its outstanding financial statements within six months, according to its filing on Thursday (June 1).

Its property investment and development saw loss before tax narrowed due to the absence of a rental deferral programme which ended June 30, 2022, and the absence of unrealised foreign exchange loss on borrowings denominated in foreign currencies by YTL Hospitality REIT.