KUALA LUMPUR — The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18). According to the National Property Information Centre (NAPIC), as of 3Q18, 30,115 unsold homes amounted to RM19.54 billion, a year-on-year increase…
KUALA LUMPUR – A centralised database of affordable housing owners is necessary to ensure that such homes developed by the government benefits those in need, said Housing and Local Government deputy minister Datuk Raja Kamarul Bahrin Shah. “There is a serious need to streamline the government affordable housing agencies to…
KUALA LUMPUR – Glomac Bhd CEO and managing director Datuk Seri FD Iskandar has proposed that the government reintroduce the Home Ownership Campaign from two decades ago next year to reduce the number of overhang properties. During a press conference after Glomac’s annual general meeting today, he said a group…
KUALA LUMPUR – The Housing and Local Government Ministry (KPKT) plans to work with relevant stakeholders to tackle the issue of more illegal brokers in Malaysia, said its Deputy Minister Raja Kamarul Bahrin Shah Raja Ahmad. Raja Kamarul said some of these illegal brokers are from neighboring countries and many…
