Archive for category: News

Residential overhang growth slows in Q1


The residential overhang in Malaysia recorded a lower increase of 1.9% in the first quarter of 2019, compared with 7.3% in the fourth quarter of 2018,...

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Housing loans applications jump but not enough to mop overhang


APPLICATIONS for mortgages had reached a total of RM25.6 billion in May, almost a six-year high and a 36.6% increase from RM18.74 billion recorded a y...

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Hastening development approval process


The architect fraternity is seeking a forum with the local councils and the Ministry of Housing and Local Government. It wants to put forth its propos...

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Social housing mooted for 12th Malaysia Plan


The National Housing Department is working on introducing social housing as the next phase of providing affordable homes for the B40 group.This form o...

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Cement prices and housing affordability


CEMENT production in Malaysia is highly concentrated, in which three of the eight cement manufacturers across the country account for about 70% of the...

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HOC faces challenges to get more banks on board


THE Home Ownership Campaign (HOC), which has been extended until the end of the year, could be an uphill task for the government, particularly in term...

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KPKT to link property data to curb mismatch


THE Ministry of Housing and Local Government (KPKT) plans to set up a property data platform that will integrate all existing and past information to ...

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Home prices are affordable but…


Nancy (not her real name) and her fellow committee members were recently elected as Joint Management Committee (JMC) members of the Joint Management B...

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The ABCs of: AGM, EGM and committee meetings


Nancy (not her real name) and her fellow committee members were recently elected as Joint Management Committee (JMC) members of the Joint Management B...

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Homeownership helps young people with financial management


OWNING a home encourages young people to be more prudent with their money, Housing and Local Government Minister Zuraida Kamaruddin said. This, she ad...

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Focus shift will not push sales for Home Ownership Campaign


THE government’s decision to focus on promoting and selling properties below RM300,000 during the remaining six months of the Home Ownership Campaign ...

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HOC — key to locking higher sales


Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Soam Heng Choon expects the Home Ownership Campaign (HOC) to play a ke...

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