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Skyworld to launch RM2 bln GDV projects this year

Extract from Bernama (22/1/2018)

KUALA LUMPUR: SkyWorld Development Group is set to launch projects with a gross development value (GDV) of RM2.0 billion this year, said Founder and Group Managing Director, Datuk Ng Thien Phing.

He said the projects, comprising affordable houses, high-end residential and commercial properties, would be launched in the first half of this year.

"We are going to open up Sky Meridien, The Hub, Sky Awani 3 and The Valleys. All these projects are going to be launched this year," he told a press conference after unveiling the group's RM3.8 million SkyWorld Quality Centre here today.

SkyAwani 3 is an afforable housing project with a GDV of RM600 million, while The Hub is a commercial strata office. Both projects will be built in the Setapak area.


Phase one of Mytransit project to start in February

Extract from Bernama (22/1/2018)

PUTRAJAYA: Development of Phase One of the Youth Transit Housing (MyTransit) will start next month on two plots of land in Kuala Lumpur owned by the Federal Lands Commissioner.

Urban Wellbeing, Housing and Local Government Minister, Tan Sri Noh Omar said building of the 2,010 units of MyTransit homes in the sub-districts of Batu Muda and Kepong involved 1,201 studio apartment units of 400 sq ft in size each and 809 semi-luxurious condominium units of 550 sq ft each.

"The MyTransit housing programme is an initiative to assist the M40 (middle-income) group in major urban areas through the provision of transit homes until they can afford to purchase a more comfortable and spacious home for themselves."

He told this to the media after the signing of a agreement on the MyTransit development and monthly assembly of the ministry, here, today.


iProperty.com's Home & Property Investment Fair to draw over 17,000 visitors

Extract from Bernama (20/1/2018)

KUALA LUMPUR: Property website, iProperty.com Malaysia, aims to attract more than 17,000 visitors to its three-day Home and Property Investment Fair at the Mid Valley Exhibition Centre, here, which ends tomorrow.

REA Group - Asia chief executive officer for Singapore and Malaysia, Haresh Khoobchandani said he was optimistic of achieving the target in this fourth edition of the fair as there were more top developers participating this time compared to last year.

"There are more than 33 exhibitors, including some which were not here last year.. There is a lot of good value offered by the leading developers and I think its going to attract new buyers to come here," he told Bernama after the ribbon-cutting ceremony, today.

He said the exhibition showcased a wide range of properties with direct access to the transit stations such as the Mass Rapid Transit (MRT), Light Rail Transit and KL Monorail, as well as properties located within Greater Kuala Lumpur and its surrounding areas.


More affordable homes to be built by PR1MA in Sabah

Extract from Bernama (20/1/2018)

KOTA KINABALU: The government would build more affordable homes in Sabah to enable the people, especially those in the middle-income group (M40), to own a house, said state Minister of Housing and Local Government, Datuk Hajiji Noor.

He said the people should grab the opportunity by being aware of every housing open day programme for the sale of houses such as those organised by PR1MA Corporation Malaysia (PR1MA), to enable them to know the set conditions for eligibility, and to register themselves and purchase a house.

"The prices offered for PR1MA houses are better and lower by 10 to 15 per cent than those built by the private sector.

"This is because PR1MA is a government programme to help the people own a house," he said when met by reporters after viewing the PR1MA Open Day programme, here, today.


PR1MA Open Day: Best platform to buy a house

Extract from Bernama (20/1/2018)

KOTA KINABALU: The PR1MA Corporation Malaysia (PR1MA) 'Open Day' held at The Klagan Regency 1Borneo Hypermall, here, until tomorrow is seen as the best platform for facilitating the purchase of a house, especially for the first-time buyers.

The programme from 9am to 5pm, acts as a one-stop facility for potential buyers to obtain the necessary information like the conditions for eligibility to purchase, with the participation of various financial institutions and agencies including PR1MA itself.

Private sector employee, Keliah Kidin, 29, said there should be more housing open day programmes held in Sabah to enable more people in the state, especially the youth, to be aware of the PR1MA projects and the conditions for eligibility to purchase, hence encouraging them to own one.

"Perhaps some people may not be able to buy a unit today but would work at owning one in future," she told Bernama when met at the PR1MA @ Menggatal project open day, here, today.


Set up commission to coordinate housing projects - Noh

Extract from Bernama (19/1/2017)

PUTRAJAYA: A housing commission should be set up to coordinate all housing-related agencies under one roof to address various issues especially affordable homes, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar.

He said currently there were several housing-related agencies being under the purview of different ministries such as the 1Malaysia People's Housing Project and the 1Malaysia Civil Servants Housing Project, under the Prime Minister's Department while Syarikat Perumahan Negara Berhad (SPNB) is under the Finance Ministry.

"It is time for us to focus on one (commission) as there are too many housing projects under the purview of various agencies," he said at the National Transformation 2050 (TN50) dialogue session with local authorities (PBTs) here today.

Prior to this, the National Professors Council had suggested the setting up of such a commission to regulate all housing-related matters.


Sime Darby Property to build over 1,000 affordable houses

Extract from Bernama (16/1/2018/)

SHAH ALAM: Sime Darby Property Bhd targets to build more than 1,000 units of affordable houses in several locations especially in the Klang Valley beginning this year, to enable urbanites own their own homes.

Group Managing Director, Datuk Seri Amrin Awaluddin said the affordable houses would be priced from RM200,000 to RM800,000 based on their locations and would consist of various property types including double-storey houses.

In support of affordable housing, he said the company would build some 1,000 units of such houses with built-ups from 900 sq ft to 1,000 sq ft and priced from RM200,000 to RM270,000 in the middle of this year, in several locations such as City of Elmina (COE) and Putra Heights.

"Besides focusing on affordable housing, we will also build about 600 units of houses priced from RM500,000 to RM800,000 according to the locations.


2,400 Residensi Hektar flat units offered to Malay buyers - Tengku Adnan

Extract from Bernama (16/1/2018)

KUALA LUMPUR: Some 2,400 flat units of the 'Residensi Hektar' Federal Territories Affordable Homes (RUMAWIP) in Jalan Gombak here, expected to be ready by 2021, are being offered to Malay house buyers.

Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor said each of the 800-sq ft and the 850-sq ft units are sold at RM266,000 and RM299,000 respectively.

"The project built on Malay reserve land adjacent to the Gombak Main Market is very strategic due to the various infrastructure facilities and highway networks such as the DUKE and MRR2 to facilitate the residents' easy journey to the workplace.

"The design of the Residensi Hektar is showcased through a combination of geometric designs and structures inspired by the arts, cultural motifs, traditions and values of Islam," he said at the opening of the Residency Hektar RUMAWIP project, here today.


80,000 Rumawip houses to be developed by mid-2018 - Tengku Adnan

Extract from Bernama (14/1/2018)

KUALA LUMPUR: The Federal Territories Ministry is confident it can develop 80,000 units of Federal Territory Affordable Homes (Rumawip) by the middle of this year.

Its minister, Tengku Adnan Tengku Mansor said they were currently ahead of the target date set in 2020.

"As of December last year, we managed to achieve 71,554 units, or 89.44 per cent of the overall target.

"For this year, there will be many more Rumawip projects at strategic locations near the city centre which will be offered and are still being assessed," he said during the launch ceremony and drawing of lots for Rumawip units at Residensi Vista Wirajaya and Vista Wirajaya 2 here, today.


Children of government pensioners can buy PPA1M houses - Ali Hamsa

Extract from Bernama (11/1/2018)

KUALA LUMPUR: The children of government pensioners now have the opportunity to buy affordable houses under the 1Malaysia Civil Servant Housing Scheme (PPA1M), Chief Secretary to the Government Tan Sri Dr Ali Hamsa said.

He said this followed the government's decision to allow the children of government pensioners to buy houses ranging from RM150,000 to RM300,000 for landed or strata unit.

"Tonight, I would like to announce that the government has agreed to allow children of government pensioners to buy PPA1M houses."

"It is possible that all pensioners already have their own houses, but their children can also purchase PPA1M houses even though they are not working with the government," he said in his speech at the 2018 'Khidmat Bakti' Programme here Wednesday night.