YFG active, surges 33% on bagging PR1MA sub-contract
KUALA LUMPUR (Feb 17): YFG Bhd surged 33.
YFG bags RM245 mil PR1MA project
KUALA LUMPUR (Feb 17): YFG Bhd has bagged a RM245 million contract for subcontract works involving construction of 1Malaysia People’s Housing Programme (PR1MA) houses in Pedas, Rembau, Negeri Sembilan.
‘PR1MA scheme has minimal impact on banks’
Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.
PR1MA: Start moratorium from CCC date
KUALA LUMPUR (Feb 14): Perbadanan PR1MA Malaysia has submitted a proposal to the government for the moratorium on reselling imposed on buyers of its houses to commence from the date the Certificate of Completion and Compliance (CCC) issued.
PR1MA launches special end-financing scheme
SUBANG (Feb 13): More than 60% of potential 1Malaysia Housing Programme or PR1MA homebuyers had to give up their booked units due to problems with end-financing.
Hua Yang expects northern projects to contribute up to 30% of FY18 revenue
BUTTERWORTH (Jan 31): Property developer Hua Yang Bhd expects its northern region projects to contribute up to 30% to its revenue for its year ending March 31, 2018 (FY18).
Analysing PR1MA programme policy changes
KUALA LUMPUR (Jan 23): While the two policy changes in the 1Malaysia People’s Housing (PR1MA) programme announced on Jan 18 were welcomed by many, some are questioning whether it is losing its direction in enabling the middle-income group to own their own houses.
TA Securities expects market headwinds to persist for property sector
KUALA LUMPUR (Jan 18): TA Securities Research has maintained its “Underweight” rating on the property sector, as “weak market sentiment, increasing supply and tight lending environment are expected to weigh on property sales”.
First-time homebuyers (incentives + schemes)
This story first appeared in TheEdgeProperty.
