Review financing model for affordable homes: PM

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THE SUN. 11TH FEBRUARY: Bank Negara will need to review its financing model to make home ownership much easier for the B40 (Bottom 40 income) and M40 (Middle 40 income) groups in line with the “One Family One Home” target, said Prime Minister Datuk Seri Ismail Sabri Yaakob. He said this was among decisions taken […]

Most housing still too expensive for Malaysians, BNM says

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THE MALAYSIAN RESERVE. 14TH FEBRUARY: The issue of homeownership among the bottom 40% (B40) and middle 40% (M40) income groups must be dealt with by addressing the acute supply and demand mismatch, and improving house price transparency, not by financing alone. Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said the central bank have […]

Assessing the health of the Malaysian housing industry

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THE SUN. 14TH FEBRUARY: The Malaysian housing market has been languishing after experiencing the boom in 2010-2015. Though house prices continued to rise since 2015, a gradual slowdown of the pace was prevalent throughout 2015-2020. This was partly attributed to the implementation of various cooling measures to curb speculation since 2014, as well as the global economic […]

Here’s Why You Shouldn’t Buy Property in Seoul

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INVESTASIAN. 11TH FEBRUARY: Asian property markets are excellent places to seek value and long-term capital appreciation. Yet certain parts of the region are ill-suited to foreign real estate investors who wish to diversify their portfolio. Seoul, South Korea is among these cities which are best avoided. The facts about Korea’s investment potential are attractive on paper. Multinational […]

MPMMN sets one family one home target – Reezal Merican

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EDGEPROP. 11TH FEBRUARY: The National Affordable Housing Council (MPMMN) today agreed to set a target of ‘One Family One Home’ in its mission to provide affordable housing in the country, said Housing and Local Government Minister, Datuk Seri Reezal Merican Naina Merican. He said the target coincided with the mission of the Ministry of Housing […]

PM: New housing components to be adopted for PPR

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NEW STRAITS TIMES. 10TH FEBRUARY: New components will be adopted in the implementation of the People’s Housing Programme (PPR) as the government strives towards “Liveable Malaysia” agenda. Prime Minister Datuk Seri Ismail Sabri Yaakob said with this approach, Putrajaya had instructed Bank Negara Malaysia to review the housing financing model to facilitate house ownership. “This is […]

National Affordable Housing Council sets ‘One Family One House’ goal

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THE MALAYSIAN RESERVE. 11TH FEBRUARY: THE National Affordable Housing Council (MPMMN) will set a new direction for the People’s Housing Programme (PPR) by incorporating new components towards achieving the “Liveable Malaysia” agenda. The construction of the new PPR will take into account connectivity and Internet access, such as fibre to the home (FTTH) and public transport […]

Help B40 and M40 groups own affordable homes

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THE STAR. 11TH FEBRUARY: Bank Negara Malaysia (BNM) has been told to review home financing models to facilitate housing ownership for the middle 40 (M40) and bottom 40 (B40) income groups, says the Prime Minister. Datuk Seri Ismail Sabri Yaakob said this was to ensure that financial institutions would ease financing access for the groups […]