News about PR1MA

KUALA LUMPUR (Oct 21): The National House Buyers Association (HBA) is pleased that there were no relaxation of cooling measures in the property sector.

KUALA LUMPUR (Oct 21): The Employees Provident Fund (EPF) reaffirmed today that a facility will be introduced for members who meet Perumahan Rakyat 1Malaysia's (PR1MA) eligibility criteria.

KUALA LUMPUR (Oct 21): Budget 2017 that was announced today did not provide measures to shore up the property market or to help the bulk of potential homebuyers to own homes.

KUALA LUMPUR (Oct 21): “Disappointing.

KUALA LUMPUR (Oct 21): The new end-financing scheme exclusively for Perumahan Rakyat 1Malaysia (PR1MA) announced in the 2017 Budget could boost home ownership among middle income earners.

KUALA LUMPUR (Oct 21): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) had hoped for more measures to be announced by the government to restore the slowdown in the property market.

KUALA LUMPUR (Oct 21): Government lands will be made available for the building of 30,000 affordable homes in the country, Prime Minister Datuk Seri Najib Razak said in his Budget 2017 speech today.

KUALA LUMPUR (Oct 21): The “step up” end-financing scheme for the 1Malaysia People’s Housing (PR1MA) programme, as announced under Budget 2017, signals that the government is taking a long-term view on helping the rakyat with their lifelong financial planning, said CIMB Group Holdings Bhd.

KUALA LUMPUR (Oct 21): RHB Banking Group’s group managing director Datuk Khairussaleh Ramli said Budget 2017 bodes well for the business community with the various tax relieves and incentives, which will stimulate a robust small and medium enterprise sector.

● Stamp duty exemption doubled to 100% on instruments of transfer and housing loan instruments to help reduce the cost of first home ownership.