KPKT
Housing demand drives Malaysia property market to 10-year high
Malaysia’s property market reached a decade high in 2025, recording total transaction values of RM241.87 billion, according to Housing and Local Government Minister Nga Kor Ming. The figure represents a 4.1% increase compared to 2024, with 416,413 transactions completed during the year, as highlighted in the 2025 Property Market Report ... Read More
KPKT Plans Major Reforms to End Abandoned Housing Projects
The Ministry of Housing and Local Government (KPKT) is taking serious steps to tackle one of Malaysia’s long-standing housing issues — abandoned private projects. On November 20, the ministry will be announcing five new reforms aimed at completely wiping out such projects by 2030. Housing Minister Nga Kor Ming said ... Read More
Pay-per-use model eyed for future affordable housing projects
A new “pay-per-use” system for shared facility maintenance is being studied for future affordable housing developments, said Housing and Local Government Minister Nga Kor Ming. Speaking at the Kuala Lumpur Architecture Week (KLAW) 2025, Nga said the initiative is part of broader housing reforms aimed at improving equity in public ... Read More
Over 100 developers blacklisted for violations
The Housing and Local Government Ministry has blacklisted 109 developers for various offences, with Minister Nga Kor Ming urging homebuyers to remain vigilant and check developers’ status before committing to purchases. Announced during the 14th Annual Affordable Housing Projects Conference on April 7, Nga revealed that the directors of these ... Read More
Malaysia’s property sales surpass RM100 billion in first half of 2024
Malaysia’s property sector saw over RM100 billion in sales in the first half of 2024, exceeding the government’s full-year target. Housing and Local Government Development Minister Nga Kor Ming announced that the National Property Information Centre (NAPIC) recorded RM100.5 billion in sales from January to June. If the trend continues, ... Read More
KPKT issued temporary labour quarters’ application guidelines
The Local Government Development Ministry (KPKT) has formulated accommodation guidelines to ensure workers’ welfare is safeguarded per the law. In a statement today, it said it has come up with the application procedure guidelines for the provision of Temporary Labour Quarters (TLQ) for 2024 to 2026 and planning guidelines for ... Read More
Build-then-sell housing delivery system to heal ‘sick’ projects
The Ministry of Local Government Development (KPKT) plans to implement a build-then-sell (BTS) housing delivery system rather than a sell-then-build (STB) delivery system next year, to reduce the number of “sick” or delayed housing projects. KPKT Minister Nga Kor Ming said the ministry will work together with the Real Estate ... Read More
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RECENT COMMENTS
- @Ryu Wow which floor is your unit ...Benghui on The Cube
- @SIM LI I'm the owner of The Cube. I got the lower floor parking space...Ryu on The Cube
- luckily I chose Zen...parking is well designed and no narrow road to building..easily assessible ...LL on The Cube
- Having LRT and encouraging the public to use it, has the State government considered into...lawrence on Penang LRT taking shape: Airport and Bandar Sri Pinang stations lead progress
- 3 levels of facilities, any idea what kind of facilities available? will there be pickleball...BengHui on The Cube
- Out of curiosity, which floor still manageble for carpark at the cube. I mean like...BengHui on The Cube
- I’m interested, please contact me, and send me the detail information, thanks. ...quendy CHEW on Suria Apartment
- Ryu, Are you twinstar agent? ...SIM LI on The Cube
- @SIM LI No problem with narrow road as it approved by state. That's front &...Ryu on The Cube
- i go the twinstar site, it very narrow road. ...SIM LI on The Cube
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
