News List

180,000 affordable homes to be built in Penang by 2030 - Jagdeep

BATU KAWAN, Jan 13 -- The Penang government targeted to build 180,000 affordable housing units in the state by 2030, state Housing, Local Government and Town and Country Planning Committee chairman, Jagdeep Singh Deo said today.

Time To Review Housing Legislation

By Prof Dr Ismail Omar

The writer Prof Dr Ismail Omar is the president of the Land Professionals Association of Malaysia (PERTAMA) and a senior lecturer in real estate management at Universiti Tun Hussein Onn Malaysia.

KUALA LUMPUR (Bernama) -- The Housing Development (Control and Licensing) Act 1966 (Act 118) is outdated and has to be amended to meet the demands of the people and resolve their housing woes.

Issues related to affordable housing and unsold housing units have to be resolved. Also unresolved are issues pertaining to the supply of land, including Malay Reserve Land and wakaf land, to build houses for the B40 group.

The time has come for housing-related laws to be reviewed, amended and harmonised to keep pace with current requirements.

Expand digitalisation to affordable homes, Adly urges developers

MELAKA, Dec 17 -- Housing developers in the state should expand the 'digital home' concept to affordable homes.

Eco World International optimistic of notching RM5 bln sales in FY20

KUALA LUMPUR, Dec 12 -- Eco World International Bhd is optimistic of achieving close to RM5 billion sales for the financial year ending Oct 31, 2020 (FY20), which is the balance of the RM6 billion sales set for two financial years beginning FY19.

RM34.8 million maintenance fund for Penang under consideration - Jagdeep

GEORGE TOWN, Dec 10 -- The Housing Ministry is considering to allocate RM34.8 million from two maintenance funds to Penang, state Housing, Local Government and Town and Country Planning Committee chairman Jagdeep Singh Deo said today.

Property market to see uptick in H2 2020 - Propertyguru malaysia

KUALA LUMPUR, Dec 5 -- PropertyGuru International (M) Sdn Bhd (PropertyGuru Malaysia) maintained its “neutral” outlook for the country’s property market in 2020, but expecting an uptick in the second half of 2020 (H2 2020). expects property oversupply to remain next year

KUALA LUMPUR, Dec 5 -- Online property portal Malaysia expects the oversupply of property in the market to remain next year.

Myhome scheme fails to meet full objective - audit report

KUALA LUMPUR, Dec 2  -- The implementation of the Private Affordable Ownership Housing Scheme (MyHome) did not achieve its full objective despite being managed efficiently.

Tropicana eyes new launches worth RM3 bln GDV in FY20

KUALA LUMPUR, Nov 28  -- Tropicana Corporation Bhd will continue to focus on delivering long-term value to its stakeholders by targeting new launches with a gross development value (GDV) of RM3 billion in the financial year ending Dec 31, 2020 (FY20).

Government improves e-Lelong system

KUALA LUMPUR, Nov 28 -- The government is improving the e-Lelong System infrastructure to ensure the structure runs smoothly before it is implemented comprehensively at the 12 High Courts in peninsula Malaysia next year.