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.

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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.

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Rehda: End financing issue is top reason for unsold properties

PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.

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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.

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