AGP Executive Report
Last update: 10 hours agoHousing Policy & Planning (Malaysia): Malaysia’s housing ministry says it will use local income and housing-demand data to set affordable prices under the National Housing Policy 2026–2035, while also relying on DOSM, NAPIC and other datasets to match home type, location and numbers to real affordability. Project Rehabilitation (Malaysia): The government reports rehabilitating 1,615 delayed, sick and abandoned housing projects covering 190,422 units (RM150.86bn GDV) since Dec 2022, including mediation with developers and blacklisting of repeat offenders. Market Momentum (Canada): Royal LePage says Canada’s housing market gained momentum in Q2, with prices down 1.4% year-on-year to $814,900, and buyers returning in May–June despite uneven regional performance. Affordability Pressure (US/NYC): New York City rents keep climbing; Manhattan hits a record $5,295/month and Brooklyn’s median rent reaches an all-time high $4,350. Development Pipeline (UK): Platform Housing Group has forward-purchased all 177 homes at Vistry’s Chelmsley Wood scheme, converting the brownfield project into 100% affordable housing. Construction Activity (Ireland/UK): AIB reports Ireland’s construction output slowed sharply in June, with residential contracting fastest in nearly four years. Local Land Supply (Canada/Manitoba): Steinbach advances the Williams Creek rezoning for a multi-phase development that could reach about 155 lots. Contract Award (Saudi Arabia): KEC awarded a SAR118m contract for Riyadh Schools Complex works, covering architecture, MEP and external infrastructure. Construction Compliance (India): Hyderabad’s TGRERA orders Oakland Infra to refund Rs 5.5 lakh over a delayed flat handover.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.