Penang halfway through affordable homes target
Penang is more than halfway through its target of providing 250,000 units of ‘Rumah Mampu Milik' (RMM) affordable homes by 2030, with 142,647 units (57.06%) already up.
Editor's Pick
DONE DEAL: Warehouse, Jalan Bangi, Semenyih, Selangor
Noteworthy:
- Freehold
- Built-up size: 20,000 sq ft
- Land size: Not stated
- Unfurnished
- Nearby amenities: Union Square, Bangi Gateway, hypermarkets, Universiti Kebangsaan Malaysia, KTM Bangi
- Accessibility: SILK Highway, Kajang-Seremban Highway
When: September 2022
National short-term rental accommodation guide in the works, says Nga
The government is working on a comprehensive short-term rental accommodation (STRA) guide that will be adopted by all local governments in Malaysia, said Local Government Development Minister Nga Kor Ming
Homeownership going in the right direction, but affordability can be improved, says Rehda
The Real Estate and Housing Developers’ Association Malaysia (Rehda) is hopeful that the property industry will continue to flourish and the government to look into the matter of homeownership and affordability.
Inflation could push property prices up by double-digit, says Rehda
Inflation and a higher cost of doing business are likely to push property prices up by double-digit this year, Rehda president Datuk NK Tong has cautioned.
UEM Sunrise unveils Happy+ series, catering to varying lifestyle needs
Happy+ is segmented into five categories to cater to “homebuyers with varying lifestyles and life-stage needs, delivering a more streamlined customer experience and implement innovative product features into its future products moving forward”.
Prasarana: Phase 2 of Putrajaya MRT Line 95% completed
Prasarana Malaysia Bhd said that work on Phase 2 of the Putrajaya Mass Rapid Transit (MRT) Line is more than 95% completed, and a final test will be carried out at the end of this month.
DONE DEAL: Shophouse, Damai Complex, Kuala Lumpur
Noteworthy:
- Leasehold
- Built-up size: 4,800 sq ft
- Land size: 1,540 sq ft
- Unfurnished
- Nearby amenities: Sunway Putra Mall, Quill City Mall, Avenue K Mall, hypermarkets, international schools, hospitals, LRT Titiwangsa, LRT KLCC,
- Accessibility: KESAS highway, EKVE highway, Ampang-Kuala Lumpur Elevated Highway (AKLEH)
When: February 2023
Proposed offer to lease Kampung Baru not suitable as it could jeopardise Malay rights, says PM
Apart from describing the 99-year lease offer as unsuitable, Anwar wants more space to study the proposal in detail.
Public Investment Bank initiates ‘outperform’ call on Matrix Concepts on stable earnings, dividends
Matrix has been consistent in delivering sales performance even as the property market was impacted by various lockdowns, added Tan.
