Industry News Update (16 December 2022)

Malaysia housing affordability issue to continue if no assistance, analysts say

THE Malaysian housing affordability would possibly be affected if interest rates continued to rise further, DataSense head of real estate intelligence Dr Nai Jia Lee said.

Preventive enforcement and proactive scheme needed to help rakyat own homes

People’s Housing Projects, or referred to as Project Perumahan Rakyat (PPR), units built are only temporary living quarters for those looking, in future, to buy their own houses.

Power tools to attract FDIs into Malaysia

MALAYSIA could use specific power tools that attract billions in foreign direct investments (FDIs) in Dubai, said Malaysia Business Council, Dubai secretary-general Cheah Kian Choong.