Key property developers ready to take on the 2020s
Hello 2020! A new decade has just begun.
Zuraida: Putrajaya 'on track' to build a million affordable homes in 10 years
PUTRAJAYA (Jan 7): The government is ‘on track’ of achieving its target of constructing one million affordable homes over a decade.
PR1MA: Be wary of bogus sales agents
KUALA LUMPUR (Dec 7): Perumahan Rakyat 1Malaysia (PR1MA) has warned potential buyers of its affordable homes to be vigilant against those claiming to be sales agents on behalf of the agency.
KPKT mulling compensation for unhappy PR1MA homebuyers
PUTRAJAYA (NOV 7): Housing and Local Government Ministry's (KPKT) minister Zuraida Kamaruddin today met with over 60 owners of 1Malaysia People’s Housing Scheme (PR1MA) to discuss problems they face over PR1MA including discounts given to new PR1MA homebuyers.
New foreign buying threshold should be location-based and limited to unsold completed units
PETALING JAYA (Oct 11): The new minimum price threshold for the foreign purchase of high-rise residential property should be location-based and limited to completed units that remain unsold for at least a year, suggested Perbadanan PR1MA Malaysia chairman Tan Sri Eddy Chen (pictured).
PR1MA lowers debt to RM12b
PETALING JAYA (Sept 27): Perbadanan PR1MA Malaysia, which offers the 1Malaysia People’s Housing Scheme (PR1MA), has succeeded in cutting down its debt exposure from RM24 billion to RM12 billion after undergoing a due diligence process, corporate restructuring and management change process.
KPKT will meet dissatisfied PR1MA homebuyers
PETALING JAYA (Sept 27): The Housing and Local Government Ministry (KPKT) will engage with the dissatisfied buyers of 1Malaysia People’s Housing Scheme (PR1MA) homes who claim to have incurred losses owing to PR1MA's discounts and rebates of up to 30% offered to new purchasers.
KPKT: RM10b worth of properties sold under HOC
KUALA LUMPUR (Sept 23): The Home Ownership Campaign (HOC), which started in January this year, has secured bookings for houses worth RM10 billion, said the Housing and Local Government (KPKT) Minister Zuraida Kamaruddin.
PR1MA receives a boost from Sabah homebuyers with unexpected take-ups in HOC
KUALA LUMPUR (Sept 12): The ailing 1Malaysia People’s Housing Programme (PR1MA) received a growth spurt from the extended Home Ownership Campaign (HOC) when it was held in Sabah.
Bumiputera developers, contractors in trouble over abandoned PR1MA projects
KUALA LUMPUR (May 17): The Malaysian Malay Chamber of Commerce (DPMM) has revealed that bumiputera developers and contractors are at risk of collapse due to their involvement in abandoned PR1MA housing projects, reported The Malaysian Reserve today.
