New housing policy to lower home prices
KUALA LUMPUR (July 25): The focus of the new national housing policy 2.
CapitaLand 2Q NPI down 10.8% y-o-y to RM53.4m, declares 2 sen DPU
KUALA LUMPUR (July 26): CapitaLand Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Mall Trust (CMMT), announced today that CMMT achieved net property income (NPI) of RM53.
Malaysia to get women-friendly sports complex in three years
KUALA LUMPUR (July 25): More power for women, and more facilities for them too! Housing and Local Government Minister Zuraida Kamaruddin announced today that Malaysia will have its first women-friendly sports complex in three years, reported Bernama.
PEPS: KPKT’s measures good, but execution is key
PETALING JAYA (July 25): While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and execution.
‘Rentals can be a viable alternative to homeownership’
KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.
KPKT to introduce developer data input system to help streamline Napic data
PETALING JAYA (July 25): The Ministry of Housing and Local Government (KPKT) is working with the National Property Information Centre (Napic) to streamline their housing data by introducing a data input system for developers at the beginning of next year, said its national housing department director-general Jayaselan Navaratnam “[The progress of streamlining the data] is still in the initial stage because we have come to an agreement first.
KPKT to draft commercial development act
KUALA LUMPUR (July 25): The Ministry of Housing and Local Government (KPKT) national housing department director-general Jayaselan Navaratnam said the ministry is planning to draft a commercial development act as it realises the need to standardise the particular segment.
KPKT identifies six agencies for establishment of affordable housing entity
KUALA LUMPUR (July 25): The Ministry of Housing and Local Government (KPKT) has identified six agencies that will be involved in the establishment of a single entity to oversee and coordinate affordable housing development in the country, said the ministry’s national housing department director-general Jayaselan Navaratnam.
Plastic waste permits revoked at 114 factories to battle pollution
KUALA LUMPUR (July 25): Approved permits (AP) for the import of the HS Code 3915 plastic waste for 114 companies and factories has been revoked for three months, effective July 23.
