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.
Sarawak Consolidated ventures into government affordable housing project
KUALA LUMPUR (Dec 29): Sarawak Consolidated Industries Bhd is acquiring Carlton Gardens Sdn Bhd for RM9.
O&C Resources jumps 3.75% on RM155 mil PR1MA job
KUALA LUMPUR (Dec 20): O&C Resources Bhd (OCR) shares jumped 3.
O&C Resources bags RM155 mil PR1MA project in Bukit Jalil
KUALA LUMPUR (Dec 20): O&C Resources Bhd (OCR) has bagged a RM155 million contract to develop a project located in Jalan Alam Sutera Utama, Bukit Jalil here at a gross development cost of RM131.
O&C Resources returns to the black on higher construction revenue
KUALA LUMPUR (Dec 15): Loss-making condom and baby care accessories manufacturer O&C Resources Bhd (OCR) has returned to the black for the first quarter ended Oct 31, 2016 (1QFY2017) compared to the immediate preceding quarter thanks to higher revenue in its construction business segment.
