News & Reviews:   KPKT

Housing and Local Government (KPKT) Minister Nga Kor Ming today announced that the government is currently developing a big data analytics-driver Super App for housing development. Meant as a reference tool for developers, buyers and architects for new housing development projects, the Super App will launch in 2025.

Local Government Development Ministry (KPKT) Minister has announced that a total of 1488 residents of the People’s Housing Project (PPR) Taman Bagan Jaya will get free 30Mbps internet access for a 9-month period beginning this February. Its Minister, Nga Kor Ming asserted that this initiative is under the Jendela@PPR programme which will overall benefit 30 PPR projects nationwide.

Malaysia will be imposing a new guideline on the use of micro-mobility vehicles on the road in the near future, with the gritty details currently in the works by the Transport Ministry (MOT) and other relevant entities. In fact, the Town and Country Planning Department (PLANMalaysia) has today revealed that it it will present a proposed guideline to MOT soon, with one of the proposals being a speed limit cap of 25km/h.

The Federal Government is set to launch a new residential property financing initiative called ‘i-Biaya’ this Thursday (14 April 2022) which will review the existing housing financial model in our country. With i-Biaya, new methods will be used to determine loan applicants’ eligibility, including their credit or digital footprint.

The initiative, part of the Malaysian Family Homeownership Programme (HOPE) seeks to improve home ownership among the B40 and M40 income groups in our country. Currently, many potential buyers could not own a house despite having a steady income due to them working in the gig economy sector or are self-employed, such as petty traders with no payslip.