RM18.3b worth of unsold houses in 2Q, says deputy minister
Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir stated that, according to the National Property Information Centre (Napic), this indicates a 5.
Putrajaya urged to review ‘outdated and arbitrary’ housing affordability rule based on 30% of income
The current rule is also not based on the needs of Malaysian households, Ipsos Malaysia said in a statement.
The Malaysian housing industry is efficient and competitive — the government should just focus on public housing
How do we compare our building costs to those in neighbouring countries? Are Malaysian developers making excessive profits? Are they building the wrong products at unreasonably high prices to maximise profits, resulting in an excessive number of unsold houses, instead of building more affordable houses? Last week, we provided our data-based analysis that contradicts the prevailing myth that housing is generally unaffordable in Malaysia.
NPC 2023: Micro planning needed to allow city inhabitants to shape their communities
The micro planning is a process that builds the capacity of the community to analyse their own situations and work on it to create a better future.
PM instructs DBKL to submit periodic reports on implementation of KL Structure Plan 2040
Prime Minister Datuk Seri Anwar Ibrahim said based on his prior meetings with foreign companies and investors operating in Malaysia, there are two aspects for Malaysia to improve, namely the lack of specialised expertise at the highest level; and the speed of regulatory approval, which is still not satisfactory.
Over RM529m worth of residential units auctioned in first nine months of 2023 — Nga
These auctioned residential units include 1,033 units priced at RM300,000 and below; 418 units priced at RM300,000 to RM500,000; 267 units priced from RM500,000 to RM1 million; and 202 units priced at RM1 million and above.
RM50 mil for green roadside kiosks next year, says Nga Kor Ming
“We have already started the green kiosk project across the country, whereby this year, the government spent RM50 million to set up 3,073 green kiosks using recyclable materials, with the aim to legalise the illegal roadside traders, besides enhancing the circular economy.
Bumiputera lots: Why should innocent house buyers pay for state agencies’ negligence?
LPHS and the Selangor Land and Mines Office (PTGS) are supposed to monitor the sale under the bumiputera quotas (median 40% imposition in Selangor) with a bumi discount of 7% of the sale and purchase agreement price vis-a-vis residential per se irrespective landed or stratified.
Steel industry headwinds may persist into 2024 amid uninspiring demand, overcapacities, says RHB
“These shifts have unveiled structural changes in China, as steel consumption transitions from the real estate sector to infrastructure and manufacturing, reflecting the challenges in its property market.
Malaysia-China Kuantan Industrial Park drew RM31b in investments, created over 14,000 jobs, says deputy Miti minister
Out of the RM31 billion invested in MCKIP, Deputy Minister of Investment, Trade and Industry Liew Chin Tong revealed that RM14.
