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The introduction of a new online system linking all state governments is expected to bring an end to abuses in the purchase of affordable houses.
INTEGRATED property and construction group Mahajaya Bhd aims to improve on revenue and profit figures despite forecasting 2006 to be 'challenging.' On the back of less-than-ideal circumstances, given the sluggish economy and rising fuel costs, managing director William Tan said the group would maintain its strategy of building affordable homes for all segments of the market.
The national housing corporation, Syarikat Perumahan Negara Bhd (SPNB) had spent 25% more on administrative matters last year than it did in 2003.