News List

SPNB Receives 81,206 Applications For 1Malaysia People-Friendly Homes Since 2002

MERSING, March 20 (Bernama) -- Syarikat Perumahan Negara Bhd (SPNB) received and evaluated 81,206 applications for the Rumah Mesra Rakyat 1Malaysia (RMR1M) or 1Malaysia People Friendly Homes since the programme was introduced in 2002 until Feb 29 this year.

Federal Govt Will Have To Discuss With Developers To Decide Prices Of Affordable Homes - Zambry

IPOH, March 19 (Bernama) -- The federal government will have to discuss with housing developers the prices of affordable homes to be offered to the people, said Menteri Besar Datuk Seri Dr Zambry Abd Kadir.

A 2,142 Sq. Ft. Luxury Property Cost RM4,173,450 In Malaysia, Says Knight Frank

By Nurhafizah Ghazali

KUALA LUMPUR, March 16 (Bernama) -- A 2,142 square feet luxury property in Malaysia cost RM4,173,450 (US$1 million), based on current prime residential prices, according to The Wealth Report 2016.

Better Strategy Intervention Needed To Control House Prices: Knight Frank

By Nurhafizah Ghazali

KUALA LUMPUR, March 17 Bernama) -- A well-thought-out strategic intervention policy is needed if the government is to control house prices by reviewing the National Housing Policy, said Knight Frank Malaysia, a global property consultancy firm.

Property Sector To Reach Inflection Point Soon, Says Affin Hwang

KUALA LUMPUR, March 16 (Bernama) -- The property sector is expected to reach an inflection point soon, premised on sustained economic data, says Affin Hwang Capital today.

Federal Territories Get 39,416 Affordable Homes

PUTRAJAYA, March 15 (Bernama) -- As of Feb 29, a total of 39,416 affordable homes had been built, were under construction or had been approved for development in the federal territories, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.

8Kia Peng@KLCC To Help Government Achieve Aspiration To Make KL A Global City

KUALA LUMPUR, March 14 (Bernama) -- I-Berhad's high-end luxurious project, 8Kia Peng@KLCC, which has a gross development value of RM1 billion, is expected to help the government achieve its aspiration to make Kuala Lumpur a global city.

AmCorp Properties JV To Acquire 49 Apartments In London For 45 Million Pounds

KUALA LUMPUR, March 14 (Bernama) -- AmCorp Properties Bhd's joint venture (JV) subsidiary, Kilmuir House (UK) Ltd, has entered into an agreement with the London Mayor's office for Policing and Crime to acquire a leasehold property comprising 49 two-bedroom apartments at Kilmuir House, Ebury Street, for 45 million pounds (about RM262.35 million).

Property Developers Play Vital Role In Ensuring Successful Delivery Of 500,000 PR1MA Homes

KUCHING, March 12 (Bernama)--Property developers' participation is vital in ensuring the successful delivery of 500,000 units of PR1MA homes nationwide, worth more than RM100 billion.

The Home Ownership Dilemma In Malaysia

By Melati Mohd Ariff

Bernama's writer Melati Mohd Ariff shares her insights on the dilemma of owning a house in the capital city these days.

KUALA LUMPUR (Bernama) -- When Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi made a statement saying it was time for the government to intervene in keeping the house prices in check, many Malaysians probably felt a huge sense of relief.

His words referred to the price of houses, which has skyrocketed in the past few years requiring much needed action to ensure the prices are not solely dictated by the market forces.

Ahmad Zahid said this during a speech at the Civil Servants Housing Convention jointly organised by the Congress of Unions of Employees in the Public and Civil Services (Cuepacs) and the Malaysian National Co-operative Movement (Angkasa) recently.

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