Economist expects a "lean and mean but supportive" Budget 2019
PETALING JAYA (Oct 10): SERC Sdn Bhd executive director Lee Heng Guie expects to see a “lean and mean but supportive” Budget 2019.
Rehda seeks more local govt support to reduce home prices
PETALING JAYA (Oct 10): The Real Estate and Housing Developers Association (Rehda) wishes to see more support from the local authorities to achieve the national goal of lowering down property prices.
Rehda urges states to adopt automatic release mechanism for bumi units
PETALING JAYA (Oct 10): The Real Estate and Housing Developers' Association (Rehda) has urged state governments to adopt an automatic release mechanism for properties allocated under bumiputera quotas to lower the high number of unsold units in the country.
Puchong LRT lift breaks down, leaves disabled commuters stranded
PETALING JAYA (Oct 9): The Pusat Bandar Puchong LRT station lift broke down leaving disabled commuters stranded with no way to exit the station.
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.
Maximum loan tenure could be extended up to 40 years for affordable home buyers
PETALING JAYA (Oct 9): Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin.
No plans to give incentives to developers using IBS, says KPKT
PETALING JAYA (Oct 9): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the government is not planning to provide any incentives for property developers using the Industrialised Building System (IBS) to build homes.
Government mulls reducing compliance cost for affordable housing developments
PETALING JAYA (Oct 9): The government is mulling a reduction in compliance costs for affordable housing developments by saving developers the burden of undertaking the construction of certain utilities infrastructure.
One million affordable homes target under review
KUALA LUMPUR (October 9): The Pakatan Harapan government is looking to review its promise of building one million affordable homes as it now feels the country may not need that many units to address the affordable housing issue, said Housing and Local Government Minister Zuraida Kamaruddin.
UPDATE: Five agencies to be merged into single entity for affordable housing
KUALA LUMPUR (October 9): The government will be combining five existing agencies to form a single entity, known as the National Affordable Housing Council, to streamline and coordinate the development of affordable housing in the country.
