News about PR1MA

PETALING JAYA (Nov 21): Perbadanan PR1MA Malaysia (PR1MA) has clarified that not all of the 141,161 PR1MA housing units that are currently under various stages of construction are open for sale.

KUALA LUMPUR (Nov 7): Khazanah Research Institute (KRI) hopes that Budget 2018’s proposal to formulate the Residential Rental Act to protect the landlord and tenant will spur the rental market.

A number of government agencies and private developers have already introduced variants of the Rent-To-Own (RTO) concept to facilitate easier home ownership.

Property sector Maintain positive stance on the property sector: In the Budget 2018 announcement last Friday, the government announced that the “step-up” end financing scheme will be extended to private property developers to encourage more affordable property projects.

PETALING JAYA (Oct 27): It will be more appropriate if the government granted the 50% tax exemption to tenants as they are the party in need of assistance, instead of rewarding landlords with the Budget 2018 measure to halve tax on rental income, said the Property Management, Valuation and Estate Agency Surveying (PMVS) Division of the Royal Institution Of Surveyors Malaysia (RISM) in a statement today.

PETALING JAYA (Oct 27):  Economists and analysts are viewing the housing and construction-related proposals in Budget 2018 positively as they could spur the property market.

KUALA LUMPUR (Oct 27): Budget 2018 has failed to address the challenges faced by the current property industry, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) in a statement following the tabling of the budget today.

PETALING JAYA (Oct 27): While the measures announced by Prime Minister Datuk Seri Najib Razak in Budget 2018 for the housing sector show that the government is continuously trying to help first-time homebuyers, more could be done, said think tanks.

PETALING JAYA (Oct 27): Development expenditure (DE) for the housing subsector is expected to be more than halved to RM870 million – or 1.

KUALA LUMPUR (Oct 23): Promoting homeownership in the low-income group, or the bottom 40% (B40) demographic of the country, is expected to be part of the upcoming national budget as they form a large part of the electorate.