Government Will Review National Housing Policy

KUALA LUMPUR, March 2 (Bernama) — The government has agreed to review the National Housing Policy, especially related to property prices, which was proposed be decided by the government, not just to market forces. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the government via the Urban Wellbeing, Housing and Local Government Ministry … Read more

Banks Should Offer First-Time House Buyers Flexibility In Obtaining Loans

PETALING JAYA, March 1— The Real Estate and Housing Development Association Malaysia (REHDA) is encouraging banks to be more flexible in providing loans to first-time house buyers. Fifty per cent of these buyers are not entitled for loans because they are unable to come up with the down payment, drew low salaries and had existing … Read more

Singapore Homes Seriously Unaffordable: Report

Singapore’s market cooling measures have been effective in reducing the prices of HDB flats and private homes over the past few years, but housing costs here are still seen as too high, revealed findings published by a global report last month. According to the 12th Annual Demographia International Housing Affordability Survey, Singapore has a “seriously … Read more