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Bina Puri to build PR1MA homes in Johor Bahru

Construction firm Bina Puri Holdings Bhd has received a letter of intent from PR1MA Corporation Malaysia (PR1MA) for the construction of 994 apartment units and 20 shops in Johor Bahru.

Budget 2016 for housing disappointing, shortsighted, says Penang exco

Penang housing exco Jagdeep Singh Deo said Budget 2016 failed entirely to address the issue of the difficulty first-time house buyers had in securing a bank loan for an affordable home, despite calls from numerous stakeholders and lawmakers for it to do so in the run-up to its announcement.

Shrinking ringgit: Boon or bane?

The weaker ringgit may cause property prices to increase due to higher cost of building materials expected in the next three to six months. This may further weaken the already poor market sentiment.