New special ‘step-up’ end-financing scheme PR1MA
Property sector Maintain neutral: In the Budget 2017 announced last Friday, the government announced a new special “step-up” end-financing scheme for PR1MA (1Malaysia People’s Housing Programme).
EPF reaffirms PR1MA new financing scheme is for first withdrawal
KUALA LUMPUR (Oct 21): The Employees Provident Fund (EPF) reaffirmed today that a facility will be introduced for members who meet Perumahan Rakyat 1Malaysia's (PR1MA) eligibility criteria.
Sunway REIT in good position to attract investors
Sunway Real Estate Investment Trust (Oct 19, RM1.
LBS hopes Budget 2017 will make first-time homeownership more accessible
PETALING JAYA (Oct 19): Property developer LBS Bina Group Bhd believes it is imperative for Budget 2017 to continue being rakyat-centric, particularly in making homes within reach for first-time homebuyers.
Total value of auction properties rises in 1H2016
THE Malaysian property auction market saw 12,336 properties worth about RM4.
Bank Negara says 'broader alternatives to home ownership' key to protect buyers
KUALA LUMPUR (Oct 11): Bank Negara Malaysia said developing broader home ownership alternatives, including a well-functioning rental market, was deemed a policy priority to protect homebuyers from financial hardship.
Ahmad Mohd Don replaces Jeffrey Cheah as Sunway REIT chairman
KUALA LUMPUR (Sept 30): Sunway REIT Management Sdn Bhd non-independent non-executive chairman Tan Sri Dr Jeffrey Cheah Fook Ling (pictured) will relinquish his position effective today, as part of efforts to enhance board independence.
Limited scope for OPR cut amid thin BNM foreign reserves — HSBC
KUALA LUMPUR (Sept 28): HSBC Global Research said there is limited room for Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR), beyond the possible 25-basis-point (bps) cut by year end, given the central bank’s thin foreign exchange reserves.
35-year loan tenure more than enough, says Rehda president
KUALA LUMPUR (Sept 21): In response to requests for an extension in the tenure of housing loans to up to 40 years, the Real Estate and Housing Developers Association (Rehda) said the current 35-year limit is more than enough.
Bank Negara: 35-year home loan period 'more than sufficient'
Source: Bank Negara Malaysia KUALA LUMPUR (Sept 20): Bank Negara Malaysia (BNM) said today that the maximum housing loan tenure of 35 years is more than sufficient for borrowers to settle their housing loans by their retirement age.
