PR1MA’s new measures to aid home ownership

IT is only the second month into 2017, but Perbadanan PR1MA has already announced policy changes and introduced a special financing scheme for its 1Malaysia People’s Housing (PR1MA) programme in order to “enable more people to own a house under the programme,” it had said.

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KL 33 Properties buys Menara Prudential Building for RM125 mil

PETALING JAYA (Feb 17): Property investment and holding company KL 33 Properties Sdn Bhd has acquired Menara Prudential (pictured) in Kuala Lumpur city centre for RM125 million, according to JLL Malaysia who is the transaction advisor on behalf of the seller — OCBC Properties (M) Sdn Bhd.

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YFG bags RM245 mil PR1MA project

KUALA LUMPUR (Feb 17): YFG Bhd has bagged a RM245 million contract for subcontract works involving construction of 1Malaysia People’s Housing Programme (PR1MA) houses in Pedas, Rembau, Negeri Sembilan.

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British-Australian consortium is preferred bidder for KL-S’pore HSR

KUALA LUMPUR (Feb 17): A consortium of WSP Engineering Malaysia Sdn Bhd of Australia, UK-based Mott MacDonald Malaysia Sdn Bhd and Ernst & Young Advisory Services Sdn Bhd (EY) has been selected as the joint development partner (JDP) for the Kuala Lumpur-Singapore high-speed rail (HSR) project, which will cut travel time between Singapore and Kuala Lumpur to 90 minutes.

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