Kim.Wong

PR1MA Optimistic Budget 2016 Initiatives Will Help Boost Home Ownership

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Perbadanan PR1MA Malaysia (PR1MA) is optimistic the initiatives announced in the Budget 2016 recalibration on Thursday could further boost home ownership among the country’s middle-income earners. Its Chief Executive Officer, Datuk Abdul Mutalib Alias said, the initiatives like reduction in Employees Provident Fund contribution by employees and up to RM2,000 tax relief to those earning … Read more

Lee: Property Market Still Promising

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Even with the challenging headwinds ahead, independent economist Lee Heng Guie believes that the medium-term prospects of the Malaysian property market are still promising, reported The Star. And while property prices may ease further, he does expect prices to drop significantly. “This is because Malaysia is not heading for an economic recession,” said Lee during a … Read more