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PUTRAJAYA: Prime Minister Datuk Seri Najib Tun Razak today launched phase one of the 1Malaysia Housing Programme (PR1MA) which involves the construction of 42,000 houses on 20 strategic sites.
PETALING JAYA: Although the New Economic Model (NEM) launched by Prime Minister Datuk Seri Najib Tun Razak is the right step towards achieving Malaysia's high-income nation aspirations, its greatest challenge yet is the political will of the Government to see it through, according to a new study by a local think tank.
THE Government has announced a slew of measures related to the property sector. While the real property gains tax (RPGT) was uppermost on the minds of both developers, consultants and property buyers, Prime Minister Datuk Seri Najib Tun Razak also proposed other measures to keep the momentum going for the sector.
SIME Darby Property Bhd will be offering affordable housing in the coming years as a stategic component in their up-and-coming townships in line with market needs and to complement the government's affordable-housing scheme.
KUALA LUMPUR: Property market activities registered the highest increase in five years, recording a 14.3 per cent increase in transactions to 430,403 and a 28.3 per cent rise in value to RM137.8 billion last year.