Weekly Industry News

Govt announces additional incentives for Home Ownership Campaign

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The government has announced several new incentives for the housing market in a bid to address the issue of unsold homes, including at least 10% disco...

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10% during campaign

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PROPERTY buyers will enjoy a minimum of 10 per cent discount on properties priced between RM300,000 and RM2.5 million, transacted from January to June...

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Tackling housing, overhang problems

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The escalating home ownership and overhang conundrum in the country has become a top agenda for the government to resolve, with various housing polici...

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RM1B fund launched

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BANK Negara Malaysia has launched a RM1 billion fund to help households earning RM2,300 and below purchase affordable homes. Finance Minister Lim Guan...

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Rehda lauds moves to spur home ownership

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Bank Negara Malaysia’s (BNM) Fund for Affordable Homes, which was launched yesterday, will help boost first-time home ownership, said the Real Estate ...

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Property Overhang Rises 48%

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PROPERTY overhang in Malaysia has risen 48% to 30,115 units in the third quarter of last year compared with the same period in 2017, reflecting a mism...

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Unsold homes reach new heights

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The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18). According to...

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New laws soon to better protect tenants, landlords

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Following findings that people have faced discrimination over their ethnicity when seeking a place to rent, the Housing and Local Government Ministry ...

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Malaysia to put RM22.5b of homes on sale rack in March

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Malaysia is planning a sale for RM22.5 billion of real estate to bridge the gap between property oversupply and lack of affordable homes, with develop...

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Govt lowers affordable homes floor price to RM95,000

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The government has lowered the floor price for affordable homes to RM95,000 with a minimum of 900 sq ft area in the newly launched National Housing Po...

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Cari penyelesaian `menang-menang’

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Kerajaan dalam usaha merangka penyelesaian ‘menang-menang’ bagi memastikan syarat permohonan pembiayaan perumahan oleh industri perbankan di negara in...

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5 fokus, 16 strategi, 57 pelan tindakan

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Dasar Perumahan Negara (DRN) 2018-2025 dilancarkan semalam, untuk menyelesaikan isu penawaran dan permintaan perumahan yang tidak seimbang serta ketid...

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