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Average price of new apartment in Malaysia hits RM582,887 in Q1: Juwai IQI

KUALA LUMPUR: The average price for a new apartment in Malaysia reached RM582,887 in the first quarter of 2024 (Q1’24) while the average subsale sales price was at RM521,614, according to real estate technology group Juwai IQI. Its co-founder and group CEO Kashif Ansari said these average prices are slightly higher than those reported by National Property Information Centre (Napic) for 2023, which...

KPKT raises ceiling price of PPKB house repair, construction

KOTA BHARU: The Ministry of Local Government Development (KPKT) will increase the ceiling price of house repair work and new construction initiatives in the urban area, through the Urban Poverty Eradication Programme (PPKB), starting next year. Its Deputy Minister, Akmal Nasrullah Mohd Nasir, said that previously, the ceiling price set for repairing a house was RM15,000, but now it will be increased by...

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