Weekly Industry News

Residential overhang growth slows in Q1

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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

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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

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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

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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

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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

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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

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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…

20190727_Home_prices_are_affordable_but_TheStar-min

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

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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

20190726_Homeownership_helps_young_people_with_financial_management_TheMalaysianReserve-min

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

20190726_Focus_shift_will_not_push_sales_for_HOC_TheMalaysianReserve-min

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

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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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