Zuraida: National Community Policy to improve livelihood of B40
She said the ministry (KPKT) has been engaging with banks and developers to find ways to make homeownership easier for the B40 segment.
Improve end-financing access and standardise Bumiputera quota release mechanism, urges Rehda president
To solve the overhang property problem and promote homeownership.
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DONE DEAL: Arcoris Residences, Mont’Kiara, Kuala Lumpur
Sold for: RM956,000 (RM1,066 psf); Concluded by: Catherine Wong (REN 23091, 019-663 3377) and Freeman Woo Chee Meng (REN 05026, 012-656 7617) of MIP Properties; When: September 2018
BBCC invites local start-ups to be part of Malaysia Grand Bazaar
The 19.4-acre BBCC is being developed on the former Pudu Jail site with an estimated GDV of RM8.7 billion.
FT Ministry renegotiating 74 projects contravening KLCP 2020
Federal Territories Minister Khalid Samad noted that a possible solution may entail the developer reducing their project size and Dewan Bandaraya Kuala Lumpur (DBKL) reducing the project premium.
Tackling Selangor's affordable housing woes
“In fact, we have been putting a lot of effort into improving the state’s affordable housing policy with aims to achieve a win-win situation for both developers and buyers.”
Tong: FundMyHome is an option for homebuyers, not a solution for all
Speaking at the FundMyHome Media Q&A session on Nov 15, Tong stated that the benefits to FundMyHome homebuyers are that they pay only 20% of the purchase price with no mortgages and monthly payments for five years. Besides, it enables one to move in to the unit immediately.
