Tackling the affordable housing dilemma

Budget 2017, tabled by Prime Minister Datuk Seri Najib Razak on Oct 21, has a heavy slant towards improving the well-being of the ordinary rakyat, with particular emphasis on the middle and lower-income groups (M40 and B40).

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PR1MA loan applicants’ Account 2 to be ring-fenced

KUALA LUMPUR (Nov 1): The Employees Provident Fund (EPF) said applicants of the “step-up” end-financing scheme for the 1Malaysia People’s Housing Programme (PR1MA) — which was announced in Budget 2017 — will not be able to make any other withdrawals from their EPF Account 2, at least not until their PR1MA loan is settled.

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MIC Youth wants PR1MA housing draw date changed

KUALA LUMPUR (Oct 25): Malaysian Indian Congress (MIC) Youth has urged 1Malaysia People's Housing Projects (PR1MA) to shift the draw date for PR1MA houses at Hotel Grand Kampar, Perak that has been fixed on Deepavali, Oct 29, Bernama reported today.

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Budget 2017 a let-down for property players

KUALA LUMPUR (Oct 24): Property developers who were anticipating measures to spur the sluggish property market from Budget 2017 last Friday came away disappointed, as there were no clear incentives for them.

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