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The Minister of Housing and Local Government Datuk Seri Reezal Merican Naina Merican said in a recent Parliament sitting that there were currently 79 abandoned housing projects involving 17,724 housing units in Peninsular Malaysia, affecting 11,824 buyers.

KUALA LUMPUR (Oct 21): Malaysia's new Covid-19 cases rose to 6,210 on Thursday — up 12.

PETALING JAYA (Oct 21): According to Real Estate and Housing Developers’ Association Malaysia (REHDA), as at Sept 30, 2021, a total of 73,503 houses worth of RM56.

KUALA LUMPUR (Oct 21): KIP Real Estate Investment Trust's (REIT) net property income (NPI) fell 2.

KUALA LUMPUR (Oct 16): Housing problems such as supply overhang and affordability issue will not be solved without “policy interventions to try to replicate the preferred market outcome”, say two academics.

In our earlier article “Renovation: Get it right from the start”, we have discussed the emergence of the renovation industry due to the mass housing developments which fail to meet individual buyers’ needs.

Reapfield Properties HQ real estate negotiator Andrew Tan, who is also a resident of Desa ParkCity for over a decade admits that when the residents first heard about Sofiya Residensi, objections were filed to the developer, on the basis that the project would mar the whole exclusivity of Desa ParkCity.

PETALING JAYA (Oct 14): The study on the proposed Kuala Lumpur-Iskandar Puteri High Speed Rail (HSR) project has been done and is set to be submitted to the Cabinet, economic affairs minister Mustapa Mohamed revealed in a FMT report today.

Read also DONE DEAL: Single-storey terraced house at Taman Salak Selatan, Kuala Lumpur DONE DEAL: Condominium unit at One Ampang Avenue, Ampang, Selangor Subang has always been a well-established and popular industrial property address as it is strategically located in the central region of Selangor and well-connected by major highways such as KESAS and LDP.

KUALA LUMPUR (Oct 13): The Government should consider purchasing and repurposing the unoccupied properties in matured areas and turn them into affordable housing to address two issues at one go, said the president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector of Malaysia (PEPS), Michael Kong (pictured).