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Malaysia Implements Affordable Housing Price Mapping to Reflect Local Economic Conditions

In a significant move to address the discrepancies in affordable housing prices across different regions, the Ministry of Housing and Local Government (KPKT) has embarked on implementing a comprehensive mapping of affordable housing prices under the National Housing Policy. This innovative approach seeks to establish a more equitable and realistic pricing model for affordable homes, tailored to the...

UrbanRenewalImplementationGuidelines

Malaysia’s GPP PSB: A Catalyst for Urban Renewal, Offering Incentives for Development Projects

The Urban Renewal Implementation Guidelines (GPP PSB), introduced by the Ministry of Housing and Local Government (KPKT) last September, are set to transform Malaysia's urban landscapes. As a strategic tool, the GPP PSB aims to entice developers and stakeholders to rejuvenate areas brimming with untapped potential, offering a range of attractive incentives. With the upcoming Urban Renewal Act slated...

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