The tabling of the Urban Renewal Bill in Parliament in March 2025 aims to ensure that urban development is carried out systematically, adhering to the specifications set by the authorities, said Housing and Local Government Minister Nga Kor Ming.
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Kuala Lumpur, a vibrant metropolis and economic powerhouse, has historically been a magnet for businesses and investors. However, the past few years have seen the market go through some major shifts beginning with the Covid-19 pandemic in 2020.
Noteworthy:
When: November 2024
The construction sector in Malaysia is set to achieve its strongest year since 2016, driven by a surge in project roll-outs from both the public and private sectors, analysts from RHB said.
The Ministry of Rural and Regional Development (KKDW) will either provide new homes or repair rural houses damaged by the recent floods, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
Noteworthy:
When: July 2024
She explained that these individuals were among 75 applicants who submitted Form N (a form filed to apply for an objection to be referred to court) under Section 38 of the Land Acquisition Act 1960 to challenge the compensation amount offered by JKPTG WPKL.
The consortium came out to explain the variation of its proposal compared to certain requirements underlined by the state in its request for proposal were "best explained and clarified in a face-to-face meeting".
Low Yat Group (LYG) has launched a buyer-referral programme to reward current Amaya @ Acacia Park homeowners, allowing them to earn a 1% commission on the net selling price of any Amaya Series 2 home.
The Task Force on Sick and Abandoned Private Housing Projects (TFST), under the MADANI Government, will continue its intensified intervention to provide the best possible support for affected buyers.
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