KUALA LUMPUR: PropertyGuru urges the government to continue collaborating with financial institutions to offer flexible loan packages and favourable interest rates and periodically revise policies to align with evolving domestic housing demands. PropertyGuru and iProperty Malaysia country manager Kenneth Soh said home affordability continues to be a central concern for many Malaysians, particularly...
housing
KUALA LUMPUR: KTI Landmark Bhd's Taman Seri Lemawang housing project in Tuaran with the Housing & Urban Development Board (LPPB) has recently been awarded the Special Award of Excellence in Construction for Sabah Qlassic Programme 2023 and a 4-star rating from the Construction Industry Development Board (CIDB). In a...
KUALA LUMPUR: The Housing and Local Government Ministry (KPKT) will remain committed to efficiently implementing housing industry-related policies, to streamline business operations and attract more investments in relevant sectors, said its Minister Nga Kor Ming. Citing the Bank Negara Malaysia’s statement today that household loan demand remains forthcoming, particularly for mortgages, Nga said...
KUALA LUMPUR: The Ministry of Housing and Local Government (KPKT) has revived 704 sick and abandoned private housing projects through the Task Force on Sick and Abandoned Private Housing Projects (TFS) as of June this year. Minister Nga Kor Ming stated that the recovery involved 82,101 housing units with a gross development value of RM58.94 billion. “KPKT will continue to implement improvements to...
IPOH: The amendments to the Housing Development (Control and Licencing) Act 1966 (Act 118) to enforce stricter measures against developers involved in fraud and abandoned projects are expected to be presented in Parliament next year. Housing and Local Government (KPKT) Minister Nga Kor Ming said the ministry is actively engaging with stakeholders to ensure that these amendments provide fair outcomes...
HONG KONG: The Ministry of Housing and Local Government (KPKT) is coming up with a new model of public housing named the Program Residensi Rakyat (PRR), said its minister Nga Kor Ming. He said the PRR would be well-integrated, sustainable and liveable, accommodating quality commercial viability, green spaces, community centre and other features. The construction cost of each PRR unit, he said, would...
PETALING JAYA: It was a joyous occasion for a Pahang Orang Asli family at Kampung Inoi in Muadzam Shah when they became the first to receive a RM60,000 home built by Yayasan My First Home (YMFH). Chaman Sinda, 50, who does odd jobs as a rubber tapper and fisherman, said he never expected to own a house. “There are times like during the rainy season when I cannot work and just plant vegetables around...
HO CHI MINH city: Despite the government’s concerted efforts to address the challenges of the property market, the market won’t improve until the end of 2024 due to a lack of affordable housing, experts say. Experts have warned the market will continue to struggle with limited access to capital, legal bottlenecks and...
Should You Hire A Mortgage Broker For Your Housing Loan In Malaysia? When it comes to shopping for a housing loan, many homebuyers would hire a mortgage broker, or mortgage specialist to help them find the best loan packages in the most efficient and effortless way. Hiring an experienced and competent broker can help you find the right mortgage that you’re most eligible with and best suits...
BANTING: The Ministry of Local Government Development (KPKT), through the sick and abandoned private housing project task force (TFST), implemented several intervention measures to ensure that three private housing projects with sick status around the Kuala Langat district, here, can be completed. Its Deputy Minister Akmal Nasrullah Mohd Nasir (pix) said the developers are currently working on the...