INDUSTRY NEWS (1 April 2021)
PR1MA to review 20 terminated or pending termination projects — Shahidan
PR1MA Malaysia Corporation (PR1MA) will review the potential of about 20 projects under it that have been or will be terminated so that these can be developed based on concepts that suit current needs. Its chairman Datuk Seri Dr Shahidan Kassim said the initiative was planned
Economy to rebound between 6% and 7.5%
The economy is expected to rebound from the second quarter of 2021 (2Q21) and return to pre-pandemic levels by mid-2021. Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus said the GDP is projected to expand between 6% and 7.5% in 2021
Rent-to-own scheme can boost PRIMA sales
The 1Malaysia People’s Housing Programme (PRIMA) rent-to-own (RTO) scheme for residential units to be launched in June is expected to give a better access to the middle 40% (M40) income group to purchase PRIMA houses. Perbadanan PRIMA Malaysia chairman Datuk
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