Coordinated effort to address housing mismatch
KPKT TO CREATE SINGLE ENTITY TO MANAGE THE SUPPLY OF HOMES AND DEAL WITH THE COUNTRY’S AFFORDABLE HOUSING ISSUE To tackle Malaysia’s affordable housing issue, a new single entity will be created under the Ministry of Housing and Local Government (KPKT) to coordinate and manage the supply of homes,... Read more
Anggun sales gallery is now open for business
RM280mill SERVICED APARTMENT PROJECT IN SETIA ALAM OFFERS LIFESTYLE ENRICHMENT AND WHOLESOME SURROUNDINGS AT AFFORDABLE PRICING Among the developers making its mark despite the slow market environment is new-kid-on-the-block Golden Land Bhd, which has adopted a bullish attitude on the back of a demand-centric development ideology. Take its latest... Read more
BNM’s RM1bil fund aims to lower monthly mortgage
FIRST-TIME BUYERS COULD SEE MONTHLY COMMITMENTS LOWER BY 23% COMPARED WITH CURRENT FINANCING SCHEMES There is good news on the horizon for first-home seekers and comes courtesy of the central bank. According to Bank Negara Malaysia (BNM), its recently launched RM1 billion Fund for Affordable Homes will see first-time... Read more
LBS to jointly develop Perak land with SSI
COMPANY KICK STARTS 2019 WITH A FOCUS ON MIX-USE PROJECTS AND AFFORDABLE HOUSING To show its support for the government’s national housing agenda, LBS Bina Group Bhd (LBS) has teamed up with Perak State Secretary Incorporated (SSI) to jointly develop two parcels of land situated in the Temor and... Read more
Budget 2019: What’s in it for property?
SOLUTIONS IN SIGHT FOR HOME SEEKERS WHO HAVE LONG BEEN WAITING IN THE WINGS BY Zoe Phoon Finance Minister Lim Guan Eng tabled the Pakatan Harapan government’s inaugural budget in Parliament on Nov 2. This is the first federal spending plan by a new administration after 61 years following... Read more
LBS makes Top Honour list at ‘best brands’ award
COMPANY CONTINUES RUN AGAINST THE GRAIN OF A SLOW ECONOMY WITH A STRING OF SUCCESSES Township developer LBS Bina Group Berhad (LBS) was recently honoured with two awards for its exemplary practices at The BrandLaureate Prominent Business BestBrands Award 2018. Recognised for going beyond the call of duty in... Read more
Newsflash: Better home discounts for firemen
The government is looking to recognise the service and dedication of firemen in the country by subsidising a portion of the cost of affordable homes for staff of the Fire and Rescue Department (Bomba). Earlier this week, Housing and Local Government Minister Zuraida Kamaruddin said the government could allocate... Read more
Residential co-living trend picking up in Asia
ASIAN MILLENNIALS ARE NOW SHARING MORE THAN WORK SPACES AND TRANSPORT BY Chris Prasad A recent report by international property consultant Jones Lang LaSalle (JLL), entitled “Bridging the Housing Gap”, reveals that Asian millennials are now beginning to adopt a more communal attitude towards living as a means to... Read more
Market could stabilise in 2018, says MIEA
HEALTHY ECONOMIC GROWTH MIGHT FINALLY PULL PROPERTY SECTOR OUT OF THE RUT THIS YEAR Malaysians can expect the property market to finally stabilise in 2018, says the Malaysian Institute of Real Estate Agents (MIEA). This outlook, it said, was based on the general consensus of active agents engaged in... Read more
Double joy for SP SETIA at MPA 2017
  There was double success for SP Setia at the recent Malaysia Property Award 2017, with two awards going their way – the Affordable Housing award and the much-coveted Master Plan Gold award. Organised by FIABCI-Malaysia, the glitzy award gala ceremony offers recognition to outstanding Malaysian developers and their... Read more