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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Tanco unit signs agreement with Ocean Bridge to operate Smart AI container port
Ringgit ends marginally lower against greenback
Resintech unit secures RM16 mil HDPE pipes contract in Cambodia
Ekovest, Lim Kang Hoo extend proposed CRSB acquisition to Jan 26
FBM KLCI breaks winning streak on profit-taking
China to rein in copper, alumina capacity expansion under next five-year plan
Record gold rally cools Indian buying; China discounts narrow
China's PBOC signals caution on rapid yuan gain as it nears key 7 mark
Asian equities eye strong weekly gains; Taiwan, S.Korea lead tech-driven surge
PETRONAS Gas announces revised RP3 gas tariffs

Others Also Read