Communications and Digital Minister Fahmi Fadzil has urged architects to ensure that their designs for new buildings in the country provide for these premises to be properly equipped with internet infrastructure.
The property market is gradually stabilising, but property developers hold a neutral view for 2H2023, with more optimism for 1H2024, according to recent findings of the Real Estate and Housing Developers' Association (Rehda) Property Industry Survey.
A total of 1,010 affordable housing units, dubbed Residensi Wilayah and Residensi Prihatin Madani in Desa Tasik Sungai Besi here, will be offered to the middle 40% and bottom 40% household income groups (M40 and B40), especially those who cannot afford to buy their own homes.
Buying a residential property? Before you head to the bank for a loan, take a look at your credit score because it can significantly impact the lending rate you'll be offered.
There has been an increase in activity in the real estate market in Malaysia, based on the recent Real Estate and Housing Developers' Association (Rehda) Property Industry Survey for 1H2023.
Noteworthy:
When: May 2023
Several vehicles were damaged after part of he roof structure of a five-storey building in Jalan Kuchai Lama, here, collapsed last night.
Noteworthy:
When: February 2023
The upcoming mixed-use residential precinct will comprise the delivery of dual towers featuring approximately 430 apartments across both plots of land, alongside 12% affordable housing, though these are subject to development approval with further details to be determined.
A recent article in a daily portal reported that Khazanah Research Institute (KRI) had urged the government to study the proposal to impose vacancy tax on unoccupied and unsold residential and commercial units, citing it would “help prevent an oversupply of products, which contribute to a property glut, such as high-priced high-rise units”.
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