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Business

PR1MA may be dissolved

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.

Business

PR1MA transforms to adapt to market conditions

PETALING JAYA: Perbadanan PR1MA Malaysia (PR1MA) is undertaking a transformation exercise to better fulfil its mandate and adapt to market conditions.

Business

PR1MA housing projects deemed timely

THE need to promote affordable housing under the Perumahan Rakyat 1Malaysia (PR1MA) is considered timely, given escalating property prices that do not commensurate with salary increments in the country, say industry experts.

Business

PR1MA scheme to boost home ownership

PETALING JAYA: Perbadanan PR1MA Malaysia’s newly launched Special PR1MA End Financing (SPEF) scheme is expected to improve loan eligibility for prospective buyers and also increase home ownership among the bottom 40% and middle 40% of Malaysian households.

Business

PR1MA public housing may be dissolved

KUALA LUMPUR: Perbadanan PR1MA Malaysia may be dissolved pending due diligence and a turnaround plan, its chairman Tan Sri Eddy Chen said.

Business

Property developers: Extend PR1MA flexible end-financing scheme

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.

Business

Mercury Industries shares fall on PR1MA construction contract termination

PETALING JAYA: Shares of Mercury Industries Bhd fell 4.8% to RM1.20, in response to Friday’s announcement that its 1Malaysia People’s Housing Scheme (PR1MA) construction contract has been terminated.

Business

YFG terminates Kuantan PR1MA homes contract

KUALA LUMPUR: YFG Bhd has terminated a RM127mil contract to build PR1MA homes in Kuantan.

Business

PR1MA approves 20,000 homes

KUALA LUMPUR: PR1MA has approved 20,000 homes under 15 affordable housing projects for development in Greater Klang Valley, Johor, Penang, Sabah and Sarawak.

Business

Prasarana-PR1MA to build homes near LRT

PETALING JAYA: State-owned public transport operator and ownerSyarikat Prasarana Negara Bhd, in a strategic partnership with the 1Malaysia People's Housing (PR1MA) unit, will build affordable homes alongside light rail transit (LRT) stations.