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Tuesday, October 22, 2019

Tag: affordable housing

CAP warns against Malaysia real estate ‘fire sale’ in Hong Kong

The pressure group says the floor price is not a deterrence for foreign property buyers with cash to spare.

Waytha Moorthy moots better homes to suit needs of Orang Asli

He says he is working with the Malaysian Institute of Architects to come up with designs that do not use bricks.

20% of reclaimed islands for affordable housing units, says Penang

The Housing, Town and Country Planning and Local Government Committee chairman says the proposal was tabled and approved during an exco meeting.

88 Johor developers fined for failing to complete affordable housing projects

They have to pay a penalty of RM40,000 per unit.

We gave land for affordable housing, Sarawak tells Putrajaya

State housing minister Dr Sim Kui Hian says 495ha were handed over to the federal housing and local government ministry in June last year.

No cement price hike, minister assures

Saifuddin Nasution says cement manufacturers have agreed not to raise prices after he met them and told them why prices should remain as they are.

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.

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