PKNS aims RM497m sales in 2021

The state-owned company has more than 800 units of houses worth RM700m available in the market


PERBADANAN Kemajuan Negeri Selangor (PKNS) aimed to sell more than 850 mid-tier and high-end houses worth RM497 million next year.

PKNS COO Suhaimi Kasdon said the state-owned company has more than 800 units of houses worth RM700 million available in the market, comprising existing units and new launches this year.

“While the construction of these houses is business as usual, we are re-strategising our effort to adapt with the new norm and soft demand — on how to approach the market so these units can be sold,” he told a media briefing on the “48 Hours Must Buy” campaign in Shah Alam, Selangor, yesterday.

The two-day campaign will be held on Dec 19 and Dec 20 virtually at

It is expected to showcase a total of 300 houses for visitors.

According to Suhaimi, the property segment of PKNS was only affected during the first two months of Movement Control Order in March and June.

This may result in their sales target to decline by around 10%.

“However, we are focusing to get only 27 units during this period, with a total of RM17.3 million of sales if achieved,” Suhaimi said.

In the last six series of the campaign, Suhaimi said PKNS has managed to rack up RM58.6 million of sales, of which each of the series achieved more than 90% of what PKNS targeted.

If the seventh series of the campaign target is achieved, the programme will record a total of RM80 million worth of sales.

“This series will offer new housing projects which are Puteri Aira, Saira and Residensi Aurora located in Kota Puteri, Pelabuhan Klang and Cyberjaya respectively.

“Retail prices of the houses range from RM440,000 to RM900,000 at multiple locations in Selangor,” Suhaimi added.

To ensure a good take-up rate, Suhaimi said the housing units are also certified under the House Ownership Campaign (HOC), which allows them to be sold without the charge of the sales and purchase agreement and memorandum of transfer stamp duty.

To satisfy the terms set under the HOC scheme, “48 Hours Must Buy” campaign will offer up to 20% of discount to buyers of the retail price.

“We will also have loan negotiator to assist buyers in securing their loans, upon their booking,” said Suhaimi.

The campaign, however, excludes the state affordable housing scheme Rumah Selangorku, a housing programme by the state government.

Buyers who are interested can make bookings at PKNS property website from Dec 19.

Minimum booking fee is RM500, depending on the type of the project and its locality.

Read our earlier report

PKNS aims to clear 27 housing units in 48 hours campaign this weekend