With a gross development value of more than RM30 billion over 1,800 acres of land, Sunway Iskandar is one of the largest township projects in the country and comprises six precincts – The Lakeview, The Parkview, The Riverside, The Marketplace, The Seafront and The Capital. Each precinct is designed to be self-sustainable while offering a wide range of amenities.

Physical development in Kuala Lumpur must be balanced with social needs to ensure the city remains conducive and liveable for all generations, said Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa.  

Housing and Local Government Minister Nga Kor Ming recently revealed that the ministry is exploring a pay-per-use model for facilities in future affordable housing schemes.

The National House Buyers Association (HBA) is deeply concerned that the idea of a Housing Completion Guarantee Corporation (HCGS) should even be mooted at all, because it effectively means the loss from abandonments caused by runaway developers is to be incurred by the government from the coffers aka tax payers’ monies.

Rehda Institute has proposed a few solutions to addressing the distressing issue of abandoned housing projects. In our opinion, Rehda Institute is missing the forest for the trees.

After four years of uncertainty, 207 non-bumiputera homeowners in USJ One Park, Subang Jaya, Selangor, can finally breathe a sigh of relief as the Selangor government has agreed to waive a staggering RM15.32 million in penalty fees early this year.

The Malaysian property market is said to have performed exceptionally well in 2024, with the total value of property transactions hitting a record high at RM232.3 billion, and the total volume of property transactions reaching 420,545, regaining the momentum of 2011.

It was recently reported that the Housing and Local Government Ministry (KPKT) has blacklisted 109 “errant developers” and their boards of directors.

According to the Inland Revenue Board of Malaysia (IRBM), the e-invoicing mandate applies to all individuals and legal entities, including associations and bodies of persons.

The Urban Renewal Act (URA) is set to be presented in Parliament next month. Among its contentious proposals is an 80% consent threshold for properties of 30 years old and a 75% threshold for properties over 30 years old. This means that a property could be compulsorily redeveloped even if 20% or 25% of owners oppose it.