Tag: affordable housing
The pressure group says the floor price is not a deterrence for foreign property buyers with cash to spare.
He says he is working with the Malaysian Institute of Architects to come up with designs that do not use bricks.
The Housing, Town and Country Planning and Local Government Committee chairman says the proposal was tabled and approved during an exco meeting.
They have to pay a penalty of RM40,000 per unit.
State housing minister Dr Sim Kui Hian says 495ha were handed over to the federal housing and local government ministry in June last year.
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.
Profits from development projects on RAC lands should be a recurring one.
IDEAS moots lesser government involvement in the construction of low-cost homes and more relaxed requirements.
The BTS scheme, which may reduce property oversupply and mitigate the risk to property owners, will be reviewed this year.
Masidi Manjun suggests the Sabah government carry out affordable housing projects on its own instead of going into joint ventures with the private sector.
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.
The fund is for those with a maximum monthly household income of RM2,300 looking to buy properties priced up to RM150,000.
Housing and local government minister says the Residential Tenancy Act will follow a similar law in Scotland.
The government announces a major change to boost the sale of unsold properties in Penang.
The state government has ignored Putrajaya's request to identify suitable locations for such projects says Zuraida Kamaruddin.
EdgeProp Sdn Bhd chairman Tong Kooi Ong says housing for the low-income groups is for the government to develop, not the private sector.
'There's a need to shift our focus from house ownership to the provision of shelter.'
The prime minister says the Employees Provident Fund can invest in such platforms if they are confident of getting good returns.
The finance minister admits that the scheme is new and is not easy to comprehend.
State government is also looking into reducing the maximum price tag by RM20,000 to RM230,000 compared to RM250,000 previously.
Industry players say land costs in urban areas still a bane for developers.
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.
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.
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.