News about PR1MA

How has 2017 been for the Malaysian real estate industry? The answer would vary, depending on which side of the spectrum you are on.

PETALING JAYA (Dec 15): More than 300 staff of Perbadanan PR1MA Malaysia (PR1MA) signed the Corruption-Free Pledge (Ikrar Bebas Rasuah-IBR) introduced by the Malaysian Anti-Corruption Commission (MACC) today.

PETALING JAYA (Dec 14): Federal Territories (FT) Minister Datuk Seri Utama Tengku Adnan Tengku Mansor has slammed Cheras MP Tan Kok Wai over his claims that DBKL had sold land without open tender, as well as over affordable housing development matters in Kuala Lumpur.

KUALA LUMPUR (Dec 7): Home loans worth RM57 billion were approved by banking institutions to 142,558 first-time homebuyers from January until September this year.

PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.

Titijaya Land Bhd (Dec 4, RM1.

PETALING JAYA (Dec 4): AmInvestment Bank expects the property market to remain subdued in 2018 as elevated home prices, low financing margins by banks, and high debt-service ratios (DSR) among prospective homebuyers continue to plague the market.

KUALA LUMPUR (Nov 28): Malaysia Building Society Bhd (MBSB) is of the opinion the Malaysian property segment is in “a bit of a glut” — but only in the high-end property segment, echoing sentiment shared by Bank Negara Malaysia (BNM) recently.

Many gripe that strict policy over loan approvals is hampering the property market from its current doldrums.

KUALA LUMPUR (Nov 23): Gabungan AQRS Bhd reported an 83% surge in net profit to RM9.