Government mulls reintroducing DIBS for first time home buyers

KUALA LUMPUR (Oct 30): The government is considering proposals by property developers to reintroduce the developers interest bearing scheme (DIBS) and relax lending guidelines to promote first home ownership, said Minister in the Prime Minister’s department Datuk Sri Abdul Wahid Omar.

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EPF mulls disposing of UK property

KUALA LUMPUR (Oct 30): The Employees Provident Fund (EPF) said it is considering realising its investment in Reading International Business Park in Reading, the UK,  which the fund acquired from the Arlington Business Parks Partnership Fund for £140 million in 2011.

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PR1MA projects in the Klang Valley received highest demand

VIEW VIDEO PETALING JAYA (Oct 29): Perbadanan PR1MA Malaysia (PR1MA) projects in the Klang Valley have received the highest number of applicants of middle income earning between RM2,500 and RM10,000 a month, said PR1MA CEO Datuk Abdul Mutalib Alias (pictured) at a press conference recently.

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MRCB scores a hat-trick

KUALA LUMPUR (Oct 29): Construction and property development outfit Malaysian Resources Corp Bhd (MRCB) scored a hat-trick yesterday with two major job wins, and the announcement of a joint-venture (JV) partnership to undertake the development of the Cyberjaya City Centre (CCC), which has a reported gross development value of close to RM10 billion.

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