AGP Executive Report
Last update: 8 hours agoPlanning & Resilience: Malaysia approved national spatial and urban plans through 2040, including a target for smart-city programs across 115 local authorities. It also called for checks on obsolete utilities in sinkhole-prone areas before development approvals. Housing Finance: Armenia ratified a $284.4 million financing package to improve housing for families displaced from Nagorno-Karabakh, including loans and a grant. Urban Redevelopment: Construction has begun on Dharavi’s rehabilitation project in Mumbai, with 10,432 apartments and 1,379 commercial and industrial units planned. Housing Pressure: Spain’s housing crisis is driving mass protests and a snap election, while an eviction in Madrid has become a symbol of renters’ insecurity. Affordability: A UN housing expert urged Ghana to prioritize working people, warning that luxury projects and vacant homes are not meeting broad housing needs. Investment: Malaysia’s IOIPG REIT moved closer to a Bursa listing, with an IPO of up to 2.2 billion units planned. Residential Development: More than 76% of apartments at South Africa’s R624 million Aspire Waterfall City project were sold before construction began.
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