Latest news with #RumahBakatMadani
Daily Express
16 hours ago
- Business
- Daily Express
‘Pay-as-you-use' mulled at new affordable housing schemes
Published on: Tuesday, July 22, 2025 Published on: Tue, Jul 22, 2025 By: Bernama Text Size: Prime Minister Anwar Ibrahim (third from left) and housing and local government minister Nga Kor Ming (left) looking at a model of the Rumah Bakat Madani project at its launch in Seberang Jaya, Penang, on Saturday. (Bernama pic) Kuala Lumpur: The Housing and Local Government Ministry is exploring a 'pay-as-you-use' model for maintenance fees in future affordable housing developments, as part of housing sector reforms. Minister Nga Kor Ming said the initiative is part of efforts to elevate the real estate industry and promote more equitable access to housing for all Malaysians. Speaking to reporters at the Kuala Lumpur Architecture Week (KLAW) 2025 Monday, Nga said the Ministry plans to introduce a system which allows residents to pay maintenance fees based on actual usage of shared facilities. 'Under this proposed model, residents will receive access cards that track their monthly usage of shared facilities. We are starting with the Rumah Bakat Madani initiative led by Skyworld Pearlmont in Penang, which features a pay-per-use clubhouse with an infinity pool, pickleball and badminton courts, a children's playground, and gyms,' he said. Nga added that the concept will serve as a reference for future public housing projects. 'This will serve as a reference model for future public housing projects, which may also include vertical schools to provide better access to education for vulnerable communities,' he said. In addition, the ministry plans to engage private sector players to develop Industrialised Building System (IBS) facilities, aiming to expand the use of modular construction methods such as Prefabricated Prefinished Volumetric Construction (PPVC). Nga said this initiative aligns with Malaysia Madani aspirations and the nation's role as President of the UN-Habitat General Assembly, supporting sustainable urban development by reducing construction waste and minimising pollution. Commenting on KLAW 2025, Nga highlighted the importance of architecture in rejuvenating heritage buildings. 'Architectural elements play a vital role in breathing new life into heritage buildings, preserving their cultural significance while integrating modern design,' he said. KLAW 2025 is held as a prelude to the Asean Real Estate Conference (AREC) and Archidex. The series of large-scale events, being held this week at the Malaysia International Trade and Exhibition Centre (Mitec) and Kuala Lumpur Convention Centre (KLCC), is expected to attract over 50,000 foreign visitors, generating an estimated RM2 billion in transactions.
The Star
17 hours ago
- Business
- The Star
Govt considering pay-per-use housing models, says Nga
PETALING JAYA: A 'pay-per-use' system for maintenance fees is being studied, says Nga Kor Ming (pic). The Housing and Local Government Minister said the ministry plans to introduce the system in future affordable developments as part of its housing reforms. He said the proposed system will see residents receiving access cards to track their monthly use of shared facilities. Nga added that they will be charged accordingly instead of the current flat fee for all. Nga said the Rumah Bakat Madani initiative led by SkyWorld Pearlmont in Penang featured a pay-per-use clubhouse with an infinity pool, pickleball and badminton courts, children's playground and gyms. 'This will serve as a reference model for future public housing projects, which may also include vertical schools to provide better access to education for vulnerable communities. 'This is aimed at elevating the standards of the real estate industry and promoting more equitable housing access to all Malaysians,' he told reporters at the Kuala Lumpur Architecture Week (KLAW) 2025 event on Sunday. The Rumah Bakat Madani initiative is the largest affordable housing initiative to date with plans to build a number of 900-square-foot freehold condominiums, with modern features built into each unit and access to shared facilities such as the swimming pool and gym. Nga also said the ministry aims to involve private industry players in the development of IBS (Industrialised Building System) facilities to encourage wider adoption of modular construction methods, such as Prefabricated Prefinished Volumetric Construction. He said this would promote more sustainable urban development by reducing construction waste and minimising pollution. KLAW 2025 is held as a prelude to the Asean Real Estate Conference 2025 and 24th International Architecture, Interior Design and Building Exhibition 2025. Both events, which begin this week in Kuala Lumpur, are expected to attract over 50,000 international visitors and generate RM2bil in transactions.
Sinar Daily
a day ago
- Business
- Sinar Daily
Government mulls 'pay-as-you-use' model for maintenance fees in affordable housing
The initiative is part of efforts to elevate the real estate industry and promote more equitable access to housing for all Malaysians. 21 Jul 2025 08:02pm The Housing and Local Government Ministry plans to introduce a system which allows residents to pay maintenance fees based on actual usage of shared facilities. - Bernama file photo KUALA LUMPUR - The Housing and Local Government Ministry is exploring a "pay-as-you-use" model for maintenance fees in future affordable housing developments, as part of housing sector reforms. Minister Nga Kor Ming said the initiative is part of efforts to elevate the real estate industry and promote more equitable access to housing for all Malaysians. Speaking to reporters at the Kuala Lumpur Architecture Week (KLAW) 2025 today, Nga said the ministry plans to introduce a system which allows residents to pay maintenance fees based on actual usage of shared facilities. "Under this proposed model, residents will receive access cards that track their monthly usage of shared facilities. We are starting with the Rumah Bakat Madani initiative led by Skyworld Pearlmont in Penang, which features a pay-per-use clubhouse with an infinity pool, pickleball and badminton courts, a children's playground, and gyms,' he said. Nga added that the concept will serve as a reference for future public housing projects. "This will serve as a reference model for future public housing projects, which may also include vertical schools to provide better access to education for vulnerable communities,' he said. In addition, the ministry plans to engage private sector players to develop Industrialised Building System (IBS) facilities, aiming to expand the use of modular construction methods such as Prefabricated Prefinished Volumetric Construction (PPVC). Nga said this initiative aligns with Malaysia MADANI aspirations and the nation's role as President of the UN-Habitat General Assembly, supporting sustainable urban development by reducing construction waste and minimising pollution. Commenting on KLAW 2025, Nga highlighted the importance of architecture in rejuvenating heritage buildings. "Architectural elements play a vital role in breathing new life into heritage buildings, preserving their cultural significance while integrating modern design,' he said. KLAW 2025 is held as a prelude to the ASEAN Real Estate Conference (AREC) and ARCHIDEX. The series of large-scale events, being held this week at the Malaysia International Trade and Exhibition Centre (MITEC) and Kuala Lumpur Convention Centre (KLCC), is expected to attract over 50,000 foreign visitors, generating an estimated RM2 billion in transactions. - BERNAMA
The Sun
a day ago
- Business
- The Sun
Govt mulls ‘pay-as-you-use' model for maintenance fees in affordable housing
KUALA LUMPUR: The Housing and Local Government Ministry is exploring a 'pay-as-you-use' model for maintenance fees in future affordable housing developments, as part of housing sector reforms. Minister Nga Kor Ming said the initiative is part of efforts to elevate the real estate industry and promote more equitable access to housing for all Malaysians. Speaking to reporters at the Kuala Lumpur Architecture Week (KLAW) 2025 today, Nga said the ministry plans to introduce a system which allows residents to pay maintenance fees based on actual usage of shared facilities. 'Under this proposed model, residents will receive access cards that track their monthly usage of shared facilities. We are starting with the Rumah Bakat Madani initiative led by Skyworld Pearlmont in Penang, which features a pay-per-use clubhouse with an infinity pool, pickleball and badminton courts, a children's playground, and gyms,' he said. Nga added that the concept will serve as a reference for future public housing projects. 'This will serve as a reference model for future public housing projects, which may also include vertical schools to provide better access to education for vulnerable communities,' he said. In addition, the ministry plans to engage private sector players to develop Industrialised Building System (IBS) facilities, aiming to expand the use of modular construction methods such as Prefabricated Prefinished Volumetric Construction (PPVC). Nga said this initiative aligns with Malaysia MADANI aspirations and the nation's role as President of the UN-Habitat General Assembly, supporting sustainable urban development by reducing construction waste and minimising pollution. Commenting on KLAW 2025, Nga highlighted the importance of architecture in rejuvenating heritage buildings. 'Architectural elements play a vital role in breathing new life into heritage buildings, preserving their cultural significance while integrating modern design,' he said. KLAW 2025 is held as a prelude to the ASEAN Real Estate Conference (AREC) and ARCHIDEX. The series of large-scale events, being held this week at the Malaysia International Trade and Exhibition Centre (MITEC) and Kuala Lumpur Convention Centre (KLCC), is expected to attract over 50,000 foreign visitors, generating an estimated RM2 billion in transactions. – Bernama
The Star
a day ago
- Business
- The Star
Govt plans 'pay-per-use' system for affordable housing maintenance fees, says Nga
PETALING JAYA: The government is planning to introduce a "pay-per-use" system for maintenance fees in future affordable housing developments, potentially ending the era of constant, expensive monthly fees. Housing and Local Government Minister Nga Kor Ming announced this initiative as part of the ministry's housing reforms (Reformasi Perumahan). Under the proposed system, residents will receive access cards to track their monthly usage of shared facilities and will be charged accordingly, rather than being broadly charged the same fee. "We will start with the Rumah Bakat Madani initiative led by Skyworld Pearlmont in Penang, which features a pay-per-use clubhouse with an infinity pool, pickleball and badminton courts, a children's playground, and gyms," Nga explained. This initiative will serve as a model for future public housing projects, potentially including vertical schools to improve educational access for vulnerable communities. "This is aimed at elevating the standards of the real estate industry and promoting more equitable housing access for all Malaysians," he stated at the Kuala Lumpur Architecture Week (KLAW) 2025 on Sunday (July 20). Nga also highlighted plans to involve private industry players in developing Industrialised Building System (IBS) facilities to encourage the adoption of modular construction methods like Prefabricated Prefinished Volumetric Construction (PPVC), promoting sustainable urban development by reducing construction waste and pollution. The Rumah Bakat Madani initiative is currently the largest affordable housing project, planning to build 900-square-foot freehold condominiums with modern features and access to shared facilities like swimming pools and gyms. KLAW 2025, a prelude to AREC and ARCHIDEX, is set to kick off this week at MITEC and KLCC, expected to attract over 50,000 visitors worldwide and generate RM2 billion in transactions.
