News about PPA1M

KUALA LUMPUR (Sept 26): After seven months, the development of 500 1Malaysia Civil Servant Housing Development (PPA1M) residential units, 316 public residential units and 20 commercial units in Precinct 18, Putrajaya, at a gross development cost (GDC) of RM292.

  KUALA LUMPUR (March 1): OCR Group Bhd said today a RM324 million contract to undertake a 1Malaysia Civil Servants Housing (PPA1M) project in Precinct 5, Putrajaya has been cancelled.

KUALA LUMPUR (Feb 27): Damansara Realty Bhd (DBhd) said Putrajaya Corp has cancelled a project to build 1Malaysia Civil Servants Housing (PPA1M) units and related commercial components in Precinct 5, Putrajaya.

KUALA LUMPUR (Aug 15): LB Aluminium Bhd is acquiring 20% equity interest in Vistarena Development Sdn Bhd for RM6 million cash, as it seeks to expand into property development.

GOMBAK (July 18): Contrary to popular belief, most developers would love to build affordable homes – with the right support and guidance from the government, said LBS Bina Group Bhd group managing director Tan Sri Lim Hock San.

KAJANG (April 23): After two years of shrinking profits, Protasco Bhd is confident of achieving a positive growth in its bottom line in 2018, thanks to the government’s spending on infrastructure and affordable housing.

PETALING JAYA (April 21): A growing supply of affordable housing – variously defined as priced below RM500,000 to below RM200,000 by different authorities and consultancies – by public and private entities threatens to keep overhang units undigested, reported The Edge weekly.

KUALA LUMPUR (April 17): MBSB Bank Bhd is processing up to RM6 billion in loans for affordable housing.

KUALA LUMPUR (March 27): All Perbadanan PR1MA Malaysia (PR1MA) homeowners and registrants are entitled to exclusive privileges and discounts from a wide range of participating merchants through the newly launched PR1MA HAVEN, a rewards and recognition programme.

KUALA LUMPUR (March 23): There is a mismatch between the type of houses built under the 1Malaysia People’s Housing Scheme (PR1MA) and the demand for them.