Govt RTO homes can only be resold to KPKT
KUALA LUMPUR (Jan 28): Houses under KPKT’s Rent-to-Own scheme can only be resold to the ministry to prevent speculation, said Housing and Local Government Minister Zuraida Kamaruddin.
National Housing Policy 2018-2025 aims to combat record property overhang
KUALA LUMPUR (Jan 28): After working for four months, the Housing and Local Government Ministry (KPKT) has finally unveiled the National Housing Policy (Dasar Perumahan Negara/DRN) 2018–2025 today, with the objective of gathering public and private sector resources to solve the demand and supply mismatch problem.
DBKL suspends bids for reservation of parking bays
KUALA LUMPUR (Jan 9): City Hall (DBKL) has suspended indefinitely all applications for the reservation of parking bays in Kuala Lumpur.
Different strokes
Art is essential to the infrastructure of our society, transcending barriers of language, class and culture.
KL office rent declines moderated in 3Q2018, says Knight Frank
PETALING JAYA (Nov 27): Average office rents in Kuala Lumpur city centre declined slightly by 0.
Govt should promote rent-to-own concept to boost homeownership
KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.
DBKL to go after rent and assessment defaulters after revealing RM525m in arrears – report
PETALING JAYA (Oct 9): Dewan Bandaraya Kuala Lumpur (DBKL) will be taking action against assessment and rent defaulters after it revealed RM525 million in outstanding revenue as at August, reported The Star.
Property investors should diversify portfolio to commercial and industrial properties, says expert
PETALING JAYA (Sept 29): Property investors should consider diversifying their portfolio into alternative assets such industrial properties, offices and shops, rather than concentrating all their investments in a single type of property, according Axis REIT Managers Bhd head of investment Siva Shanker.
Want to solve the affordability problem? Build up the rental market, says lawyer
PETALING JAYA (Sept 21): A lawyer has advocated for the rental market to be strengthened with more comprehensive laws that sets the terms of a tenancy agreement and address disputes between the landlord and tenant as a way of easing the pressure of making homes affordable on the public sector.
