MALACCA: A total of 57,503 affordable homes (RMM) will be made available in Malacca by the year 2023. Chief Minister Datuk Seri Idris Haron said 27,000 units of RMM homes will be constructed by state government agencies while 30,000 more units will be completed by private developers. He also said that 10,704 units were being … Read more
Eco World Development Group Berhad marked its entry into the North West Klang Valley growth corridor with its latest integrated green township. Unveiled at the launch of its 12th sales gallery in Puncak Alam, Selangor, Eco Grandeur bears all the hallmarks of an EcoWorld development in terms of lavish landscaping, outstanding architecture, signature landmarks and … Read more
KUALA LUMPUR, Aug 19 (Bernama) — Property giant, IJM Land Bhd has collaborated with Allianz Malaysia Bhd to introduce the first triple insurance protection scheme in Malaysia — HomeTIPS — to provide protection for house buyers. IJM Land Managing Director Edward Chong Sin Kiat said the three-in-one scheme would provide term life, personal accident and … Read more
KUALA LUMPUR: Malaysia is no longer stuck in the middle income trap, given the steady growth of its gross national income (GNI) in recent years and improving fiscal position. Performance Management & Delivery Unit ( Pemandu) pointed out that Malaysia’s GNI at US $10,570 per capita last year is now only 15% away from the … Read more
Second Finance Minister Datuk Johari Abdul Ghani said the government does not plan to increase the goods and services tax (GST) rate even as it expects a revenue shortfall of RM30 billion from the oil and gas industry this year. He noted that the government is committed to assisting the middle and lower-income group as … Read more
KUALA LUMPUR, Aug 15 (Bernama) — There is a growing demand for larger properties with three bedrooms or more in Malaysia, says The iProperty Group, owner/operator of property website, iProperty.com. In a statement here today, iProperty.com said, its data revealed that the houses in the country were getting larger. “The data, collected and tabulated by … Read more
JOHOR BARU, August 14 — Iskandar Malaysia has recorded RM208 billion in committed investments from 2006 until June 30 this year, said Prime Minister Datuk Seri Najib Razak. Najib, who is also the Co-Chairman of Iskandar Regional Development Authority (IRDA), said of the total, 51% or RM106.43 billion represented investments that have been realised. “(Of … Read more
The Association of Banks in Malaysia (ABM) urges first time home buyers to consider getting assistance for their property purchases at government schemes like Skim Rumah Pertamaku (SRP), reported The Star. In a statement, ABM revealed that 11 Islamic financial institutions and 11 commercial banks in Malaysia are participating in the SRP scheme, in which … Read more
The month-long Hari Raya celebration may be over but Worldwide Holdings Bhd has special rebates for its Puncak Bestari properties through its Riang Raya Bonanza promotion. The property developer organised a half-day Raya open house in Puncak Bestari Sales Gallery at Bandar Puncak Alam, Selangor recently to introduce its latest property projects. Both existing and … Read more
PORT DICKSON, August 7 — The cabinet last week approved the implementation of the ‘hire purchase’ system to help the needy to own a house, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. He said the system would be implemented in People Housing Project (PPR) areas nationwide, including Sabah and Sarawak. For the … Read more
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