Madani Budget2024 development

Budget 2024: Property Industry Weighs Concerns and Aspirations

As Malaysia unveils its Budget 2024, key figures in the property market have expressed their thoughts. While appreciating the government's initiatives, several areas in the property sector, including affordable housing supply, property financing, and rental market regulations, were left unaddressed. Industry leaders emphasize the importance of these aspects for a comprehensive development plan. Tan Kian...

Madani Budget2024

Budget 2024: A Comprehensive Guide to Housing and Development Initiatives

In the recently revealed Budget 2024 Madani, themed "Madani Economy: Empowering the People," the Malaysian government has earmarked a total of RM393.8 billion. This reflects a modest increase from the previous budget of RM388.1 billion, set in February 2023. One key highlight is the government's strong commitment to driving the New Industrial Master Plan 2030 (NIMP), with up to 10% of the total NIMP...


Malaysia Targets Five Smart Cities by 2025 as Part of 12th Malaysia Plan

Malaysia is setting its sights on designating at least five smart cities by 2025 as part of its ongoing efforts outlined in the Mid-Term Review (MTR) of the 12th Malaysia Plan (12MP). This strategic move aims to accelerate the transformation of urban areas into smart cities, focusing on enhanced service delivery and attracting more investments. The plan involves adhering to the Sustainable Cities and...

rmk12 malaysia madani

Malaysia’s Madani Inclusive Housing Project to Develop 800 Units for Target Groups

Prime Minister Datuk Seri Anwar Ibrahim has unveiled plans for the Madani Inclusive Housing pilot project, aimed at addressing the housing needs of target groups in Kuala Lumpur's federal territory, major cities in Selangor, and Penang. This initiative will encompass the construction of 800 housing units, each designed to cater to the specific requirements of diverse target demographics. During his...

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National Housing Policy will be reviewed — ministry

The existing National Housing Policy will be reviewed based on the Madani framework, to align with the vision to create a prosperous nation and balance for all Malaysians, according to the Local Government Development Ministry. In a statement issued here on Monday (Jan 23), the ministry said that through the new housing policy and more organised planning, as well as with the cooperation of all housing...

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