BFM 89.9

Podcast  >  Evening Edition  >  Evening Edition  >  PR1MA Buyers Will Not Receive Late Compensation Fee

PR1MA Buyers Will Not Receive Late Compensation Fee

Professor Dr Ismail Omar, Lecturer in Real Estate, Universiti Tun Hussein Onn Malaysia

17-Feb-21 18:00

PR1MA Buyers Will Not Receive Late Compensation Fee

Some PR1MA public housing projects that were scheduled to be completed January 2020 have seen delays up to April 2021. Under the Covid-19 Act, developers are exempted from the need to compensate buyers for this delay, causing added distress to an already bad situation. We speak to Prof Dr Ismail Omar for his insights.


After this story was broadcast, we received an official statement from PR1MA Corporation Malaysia with details on the completion rate of the Residensi Tebrau project, and the status of LAD payments. You'll be able to find it here.

Image Source: Hendrik Will, Unsplash

Produced by: Tasha Fusil

Presented by: Lee Chwi Lynn, Sharmilla Ganesan

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.


Tags:  Evening EditionSocial IssuesPolicy and GovernanceHousingLiquidated Ascertained DamagePR1MA

Share this podcast

Play / Pause

Listen now : Opening Bell

Today’s Shows

6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

7:15 AM

Morning Brief

8:00 AM

The Breakfast Grille

Dato' Teng Chee Wai, Managing Director, AHAM Capital

8:30 AM

Morning Brief

9:00 AM

Opening Bell

9:35 AM

The Property Show

10:05 AM

Open For Business

Lim Xin Yu & Jason Wee, Co-founders, The Asli Co.

11:05 AM


Izan Satrina Mohd Sallehuddin, Senior Director of Partnerships & Creative Sector of Think City Sdn Bhd

12:00 PM

Enterprise Biz Bytes

Ku Sim Ling, Director of Corporate Services at PersolKelly Malaysia

1:00 PM

The Breakfast Grille Repeat

Dato' Teng Chee Wai, Managing Director, AHAM Capital

2:05 PM

Live & Learn

3:05 PM

Earth Matters

COP27: Did it Deliver for People and Planet?

4:05 PM

Health & Living

Walking Out After Joint Replacement

5:00 PM

The Evening Edition

5:35 PM

Today On Twitter

6:05 PM

Inside Story

7:05 PM

The Evening Edition

7:35 PM

Popcorn Culture - Review

Don't Worry Darling

8:00 PM

Cruise Control

Daniel Fernandez, | Ariff Roose | Richard Bradbury

10:00 PM

The Pulse