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EVERYBODY wants to be a property owner, but few enjoy the process of acquiring one. From securing a bank loan to signing legal agreements, a property sales cycle involves multiple parties and manual processes that require months to complete.
KUALA LUMPUR: First-time homebuyers burdened with student loans will now be able to buy their own home as they will no longer be blacklisted from buying a house under the Central Credit Reference Information System (CCRIS).
PETALING JAYA: Perbadanan PR1MA Malaysia (PR1MA) is undertaking a transformation exercise to better fulfil its mandate and adapt to market conditions.
PETALING JAYA: Public housing agency Perbadanan PR1MA Malaysia may be dissolved, pending a due diligence and turnaround plan which hinges on the take-up rate of its units becoming actual sales.
PETALING JAYA: Perbadanan PR1MA Malaysia (PR1MA) has reduced prices by as much as a quarter under the current Home Ownership Campaign, with many of the houses sold below launching price and even lower than market price.
KUALA LUMPUR: Perbadanan PR1MA Malaysia may be dissolved pending due diligence and a turnaround plan, its chairman Tan Sri Eddy Chen said.
PETALING JAYA: The revival of Bandar Malaysia needs other catalysts to give it traction and to set it apart from other ongoing urban developments, according to a property consultant.
PETALING JAYA: The building of 10,000 units of affordable housing in the revived Bandar Malaysia will not result in an oversupply because there is a lack of them in the city, property consultants, an economist and government housing agency PR1MA said.
PETALING JAYA: The government and housing developers are throwing all sorts of incentives at prospective buyers, including more than the kitchen sink, for properties purchased during the six-month, nationwide Home Ownership Campaign (HOC) 2019 in the hope that the large property overhang would be reduced. The campaign, which runs from January to June, is aimed at easing the country’s home-ownership and overhang dilemma “as much as possible,” said Finance Minister Lim Guan Eng.
PETALING JAYA: A total of 3,384 houses below RM150,000 will be offered to the public in conjunction with the six-months Home Ownership Campaign (HOC) 2019, which runs from January to June.