The National House Buyers Association (HBA) acknowledges the challenges faced by our Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in tabling Budget 2024 from the MADANI Government last Friday (Oct 13) amidst the rising cost of living and various global economic headwinds.

“Nga: Akta Pembaharuan Bandar akan dibentang tahun depan,” terpapar di laporan utama berita. Laporan tersebut menyebut Menteri Pembangunan Kerajaan Tempatan (KPKT) Nga Kor Ming, menekankan akan kepentingan Akta ini dalam mempastikan pembaharuan bandar yang sistematik, teratur dan efisien demi meningkatkan ekonomi negara.

It’s that time of the year again. Like clockwork, industry players are parading their respective wish lists in the run-up to the tabling of Budget 2024 later this week.

HBA strongly opposes any setting of a “consent threshold”, save and except 100% participation. HBA’s stand is that any redevelopment, rejuvenation or renewal plan must receive the consent of all because every owner is important.

In May this year, Local Government Development (KPKT) Minister Nga Kor Ming assured Malaysians there would be no more PR1MA Corporation Malaysia (PR1MA) sick projects come 2024. This is good news for affected buyers who are still waiting for their dream homes.

Amidst the towering skyline of Malaysia's urban centres, a different kind of landscape unfolds – one of unfinished projects and shattered hopes.

Peralihan dari pemerintahan kolonial melahirkan kebutuhan mendesak untuk mendefinisikan kembali nilai-nilai nasional, bahasa, dan pendidikan, semuanya sambil memupuk rasa persatuan.

The transition from colonial rule brought forth a pressing need to redefine national values, language, and education, all while nurturing a sense of unity. Led by Malaysia’s first Prime Minister or Bapa Kemerdekaan, Tunku Abdul Rahman Putra Al-Haj, the nation was guided towards a future of freedom, stability and prosperity.

A recent article in a daily portal reported that Khazanah Research Institute (KRI) had urged the government to study the proposal to impose vacancy tax on unoccupied and unsold residential and commercial units, citing it would “help prevent an oversupply of products, which contribute to a property glut, such as high-priced high-rise units”.

In the renewal process, economic opportunities and activities are also generated.