News about PR1MA

The group said the project involves the development of 1,065 units of single-storey terraced and single-storey semi-detached housing, with 320 units in the first phase, 328 units in the second, and 417 units in the third phase.

The contract will commence on Dec 1 and is expected to have a positive contribution to the group from the financial year Dec 31, 2023 onwards.

PETALING JAYA (Dec 9): The Ministry of Housing and Local Government (KPKT) through Perbadanan PR1MA Malaysia (PR1MA) has signed a joint development agreement (JDA) with Sinergi Dayang Sdn Bhd (Sinergi Dayang) — an indirect wholly-owned subsidiary of WZ Satu Bhd — to develop affordable housing in Pahang.

KUALA LUMPUR (Nov 15): Umno Supreme Council member Datuk Dr Fathul Bari Mat Jahya has been appointed the new chairman of Perbadanan PR1MA Malaysia (PR1MA), succeeding Datuk Seri Dr Shahidan Kassim who is now the federal territories minister.

KUALA LUMPUR (Oct 5): Property developer Bertam Alliance Bhd announced that an RM8.

KUALA LUMPUR (Aug 16): Construction group Mercury Industries Bhd has signed a deal to develop houses on a freehold land in Melaka.

KUALA LUMPUR (May 18): Sarawak Consolidated Industries Bhd's wholly-owned subsidiary SCIB Properties Sdn Bhd has secured a RM120 million contract to build high-rise residential units within Sering district in Kota Bharu, Kelantan under the PR1MA Corp Malaysia affordable homes scheme.

PETALING JAYA (Nov 6): The property measures announced under Budget 2021 are within expectations, according to Alliance-DBS Research senior analyst Quah He Wei.

PETALING JAYA (Oct 31): The Affordable Housing Group Cameron Highlands (pictured) has called on the government to fund more affordable housing “as the last low-cost flats were built nearly 40 years ago” while the low-income groups “have been priced out of newer projects”, reported FMT today.

To many, the building of over-priced houses by “profit-seeking” developers has caused the aggravation of housing affordability in the country, thereby leading to a spike in the number of overhangs in the market.