Property developers: Extend PR1MA flexible end-financing scheme


Budget 2018 roundtable: (from left) Ho, Teh, Towle, Lim, Chong and Yip sharing a light moment at the event.

PETALING JAYA: Some of the biggest players in the property industry are requesting the Government to extend PR1MA’s flexible end-financing schemes to all developments that meet the criteria to enable more people to benefit from the affordable housing scheme.

IJM Land Bhd managing director Edward Chong said the “step-up” end-financing scheme for PR1MA is currently limited to PR1MA housing, which could restrict the choices of house buyers. The expansion of eligibility for all developers to participate in this special instalment plan could help more young buyers to acquire houses.

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