News List

Houses In Malaysia Remain Unaffordable,says BNM

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia faces a shortage of affordable houses for the masses, Bank Negara Malaysia (BNM) warned in a report that also disclosed data showing houses in the country were "seriously unaffordable" in 2016 by international standards.

Efficient Affordable Housing Reforms Need Collective Efforts - World Bank

KUALA LUMPUR, Feb 12 (Bernama) -- There is an adamant need for a collective and concerted efforts from all stakeholders to ensure affordable housing reform takes place efficiently, said the World Bank.

Malaysia Needs Centralised, Affordable Housing Initiative, Database: BNM

KUALA LUMPUR, Feb 12 -- A centralised and affordable housing initiative and database will definitely enhance efficiency in planning, implementation and execution, said Bank Negara Malaysia (BNM).

Provision Of Affordable Homes Remains A Major Problem: KRI

KUALA LUMPUR, Feb 9 (Bernama) -- The provision of affordable homes remains a major problem among policymakers worldwide, with Malaysia being no exception, said Khazanah Research Institute (KRI).

UEM Sunrise To Focus On Development Of Landed Properties In Iskandar Puteri

ISKANDAR PUTERI, Feb 8 (Bernama) -- Property developer, UEM Sunrise Bhd, will focus on the development of the landed residential properties here.

Malaysia Needs To Incentivise Material Imports To Boost Affordable Housing

By Azlee Nor Mahmud and Yasmin Ahmad Zukiman

KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia needs to further incentivise material imports in order to enhance its affordable housing ecosystem even though it is ahead of other countries in terms of its development, Australia's Compass Housing Services said.

Bukit Jalil PPA1M Completed 17 Months Earlier Without Using Govt Funds - PM Najib

KUALA LUMPUR, Feb 6 (Bernama) -- The Bukit Jalil 1Malaysia Public Housing Project (PPA1M), which was completed 17 months earlier than scheduled, was the first such project built without using government funds as a result of the implementation of the 'cross subsidy method', said Datuk Seri Najib Tun Razak.

Bukit Jalil 1MPHP Completed 17 Months Ahead Of Schedule

KUALA LUMPUR, Feb 6 (Bernama) -- The Bukit Jalil 1Malaysia Public Housing Project (1MPHP) was completed 17 months ahead of schedule enabling 1,536 civil servants to have and move into their own home today.

RUMAWIP: Lack Of Understanding Led To Unfulfilled Indian Quota

KUALA LUMPUR, Feb 5 (Bernama) -- A lack of understanding of procedures to apply for the Federal Territory Affordable Homes (RUMAWIP) is among the causes of the 10 per cent quota reserved for Indians remaining unfulfilled, says MIC Youth chief, Datuk Sivarraajh Chandran.

DBE's Unit To Jointly Develop Housing Project In Bota Kanan

KUALA LUMPUR, Feb 5 (Bernama) -- D.B.E Gurney Resources Bhd's (DBE) wholly-owned subsidiary, DBE Development Sdn Bhd (DDSB), and Misi Jutari Sdn Bhd (MJSB) will jointly develop a mixed development project worth RM24.5 million in Bota Kanan, Seri Iskandar, Perak.