The government should look to enhance the 1Malaysia People’s Housing (PR1MA) scheme by improving its efficiency in processing home purchases, said Affin Hwang Capital Research senior associate director for equity research Loong Chee Wei.
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Participating properties in this promotion are East Residence in ALYA Kuala Lumpur, The Veo in KL East, Castilla, Siphonia and Siphonia 2 in Chemara Hills, Saujana Impian’s The Brymwood and Villa Safira, as well as Planter’s Haven.
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To be developed by Fiamma’s subsidiary Active Edge Sdn Bhd, the project will sit on a 3.3-acre leasehold parcel where the 43-storey building will house 432 serviced apartment units.
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.
Located in Kuala Lumpur city centre’s prime financial district, the 24-storey Menara Prudential is set along the bustling Jalan Sultan Ismail and has a net lettable area of 164,706 sq ft. It also serves as the head office for its anchor tenant, Prudential Assurance Malaysia.
Located in Jorge Juan Street, Salamanca district, the 8,826 sq ft site is a sought-after residential and commercial area with a high presence of retailers as well as food and beverage outlets.
Chinese appetite for hotel real estate remains even though Beijing has announced tighter measures on outbound capital in mid-December for “non-core” business activities.
Sunway Property, the property division of Sunway Bhd, is looking to launch RM2 billion worth of properties this year with 90% of the launches in Malaysia, while the remaining will be in Tianjin, China.
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