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Tuesday, June 18, 2019

Tag: affordable housing

Affordable homes on RAC’s railway land

Profits from development projects on RAC lands should be a recurring one.

Rethink affordable housing strategy, think tank tells Putrajaya

IDEAS moots lesser government involvement in the construction of low-cost homes and more relaxed requirements.

Putrajaya to review build-then-sell scheme

The BTS scheme, which may reduce property oversupply and mitigate the risk to property owners, will be reviewed this year.

Use city land to build affordable homes, urges former Sabah minister

Masidi Manjun suggests the Sabah government carry out affordable housing projects on its own instead of going into joint ventures with the private sector.

Affordable renting scheme could solve housing woes

Under the scheme, investors could be given favourable tax incentives in exchange for the purchase of homes to be rented out at below market rates.

New fund to help lower income group with affordable homes

The fund is for those with a maximum monthly household income of RM2,300 looking to buy properties priced up to RM150,000.

New law against racist landlords soon

Housing and local government minister says the Residential Tenancy Act will follow a similar law in Scotland.

Now, non-Penangites allowed to buy property in state

The government announces a major change to boost the sale of unsold properties in Penang.

Pahang failed to provide suitable land for affordable homes, says minister

The state government has ignored Putrajaya's request to identify suitable locations for such projects says Zuraida Kamaruddin.

FundMyHome not for the poor, says proponent of homebuying scheme endorsed...

EdgeProp Sdn Bhd chairman Tong Kooi Ong says housing for the low-income groups is for the government to develop, not the private sector.

Economist: Let’s think of affordable renting schemes

'There's a need to shift our focus from house ownership to the provision of shelter.'

Mahathir wants proof crowdfunding for housing will work

The prime minister says the Employees Provident Fund can invest in such platforms if they are confident of getting good returns.

Crowdfunding for housing worth the risk, says Guan Eng

The finance minister admits that the scheme is new and is not easy to comprehend.

30,000 affordable homes to be launched in Selangor soon

State government is also looking into reducing the maximum price tag by RM20,000 to RM230,000 compared to RM250,000 previously.

Ahead of PH’s first budget, affordable housing remains big ticket issue

Industry players say land costs in urban areas still a bane for developers.

Study: House prices near MRT stations too high due to poor...

A study by the Centre for Governance and Political Studies finds that many properties located within a 1km radius of the MRT Sungai Buloh-Kajang line are too expensive for the B40 and M40 groups.

Rent unsold housing units to youth, says think tank

Lau Zheng Zhou of the Asian Strategy and Leadership Institute says this will bring in income and reduce the need to build more affordable homes.

Abolishing discount will affect affordable housing, says Malay lobby group

Majlis Tindakan Ekonomi Melayu opposes Johor Rehda's call to do away with the 15% discount for Bumiputera properties worth RM1 million and above and the requirement that 40% of units be set aside for Bumiputeras.

Skyrocketing property prices causing people to rent instead

Other reasons include buyers' poor credit score and the oversupply of high-end property in the market that the average Malaysian cannot afford.

Only 1.6% of targeted PR1MA homes built in last 5 years

Deputy housing and local government minister Raja Kamarul Bahrin Shah Raja Ahmad says only 16,682 units have been completed out of the targeted one million by 2020.

RM200,000 to RM500,000 threshold for ‘affordable housing’

Research arm of Rehda says 14,700 homes below RM500,000 still unsold in the first quarter of 2018.

Don’t jeopardise development in Johor, Khaled tells voters

The Johor BN chief says only the ruling coalition can guarantee development in Bakri and Muar.

Buyers: Cheap homes too small, too few, too far away

Developers have failed to provide affordable homes at realistic prices and close to amenities and public transport, says house buyers' association.

Remove GST on affordable homes, says Jagdeep

The Penang exco says the goods and services tax places an extra burden on the Penang government in its efforts to provide affordable housing.