Ipsos Malaysia is calling for a review of the 30% housing expense-to-income rule in assessing housing affordability, saying the current rule that deems a home unaffordable if households spend more than 30% of their income on it, is both “outdated and arbitrary”, which leads to suboptimal policies.
Noteworthy:
When: August 2023
In comparison with the Asia Pacific region, 47% of the prime office stock boasts green certification
We provided our data-based analysis that contradicts the prevailing myth that housing is generally unaffordable in Malaysia. At the prevailing median household income of RM5,209 a month, and allowing 50% of disposable income (of RM4,543 a month) to be spent on fixed commitments (home mortgages and instalments on car loans), it translates into a median affordable house price of RM350,000, higher than the RM330,000 median house price for all of Malaysia in 2022, according to the National Property Information Centre (Napic)
UEM Sunrise Bhd collaborating with Affin Bank Bhd (AFFIN BANK) via mortgage acquisition programme 'Affinita’ to empower women and promote homeownership amongst them.
SkyWorld Development Bhd’s SkyAwani 3 Residences in Setapak has won the Innovative Design Award at the Malaysia Outstanding Sustainable Development Awards 2023 organised by the Malaysia Urban Planning Awards (MUPA).
Humanity must be prioritised in achieving sustainable urban development. This was voiced in the National Planning Congress (NPC) 2023 held here yesterday.
Noteworthy:
When: September 2023
The recent report on “Homeowners unknowingly sold bumiputera lots, slapped with RM13m penalty fees” is not a newly discovered issue. In fact, it was already highlighted last year during the Selangor State Assembly that convened in March. Subang Jaya Assemblyman Michelle Ng Mei Sze had asked for updates on the “Prevention system against sale of bumi inter-alia lots”
Noteworthy:
When: July 2023
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