Kim Wong

Dubai’s Emaar Seeks To Surpass World’s Tallest Tower With New Landmark

DUBAI: Dubai’s Emaar Properties plans to build a new tower in the emirate to surpass the Burj Khalifa, currently the world’s tallest building, chairman Mohamed Alabbar told reporters. The new project comes as Dubai developers continue to announce new schemes despite a softening real estate sector, with the Emaar-built Burj Khalifa expected to be usurped … Read more

Things You Look For When Applying For A Housing Loan

As the saying goes “There’s no place like Home”. Buying our own home is one of the biggest financial decisions we make during our lifetime. The Majority of people, regardless of whether they buy as an investment or to live in, will finance their home through a housing loan. Without a guidebook, it can be … Read more

Buying Property Overseas: Do-It-Yourself or Find An Agent?

Many Malaysians are tempted to invest in properties abroad due to the higher yield they can earn from an overseas investment. For instance, Singapore, United Kingdom, Vietnam and Australia are just some of the popular destinations for Malaysian investors today. So, when buying a property overseas do you consider seeking financial advice, surveying the market … Read more

Buying VS Renting: Which Is More Affordable?

For many people, owning a house usually means securing a permanent home for their family or to generate rental income. On the other hand, renting is ideal for individuals with a lifestyle or job that requires them to be mobile – they would rather invest their finances elsewhere, instead of getting tied down to a … Read more

Rise of Singapore’s West and North

Property investors have much to be excited about with recently announced plans to develop Jurong. We take a look at the upcoming Jurong Innovation District, as well as Woodlands Regional Centre, and give you the Guru View. Recently announced plans for the Jurong Innovation District (JID) is welcome news for residents of Singapore’s Western region. … Read more

Top Things To Live Near That Affect Home Values

Your home is your sanctuary, but it’s also the place where a large chunk of your money is invested, so naturally you’ll want to consider the surrounding elements that routinely drive up (or down)  the value of your home. In general here in Malaysia we see property prices appreciate steadily each year but did you … Read more

Buying A Home For Own Stay – Should We Buy It Just Because We “Like” It?

In my article this month, I’d like to share some people’s investment philosophy (or lack there of it) when it comes to buying their own homes for own stay (Let’s term an Own Stay Home as “Residential Home” for ease of discussion). More often than not, some well meaning folks will dispense the following conventional … Read more

Best Time For Home Ownership Yet?

The year 2016 has much in store for prospective homeowners after a challenging year last year, which saw many events that had impacted the real estate industry negatively. The implementation of Goods and Services Tax, dramatic fall of the Ringgit and oil price, the rise of living cost and the increase in unemployment rate affects … Read more

Am I Eligible for Affordable Housing?

Here are some basic requirements for you to fulfill in order to be a proud homeowner of the affordable housing. 1. You must be a Malaysia citizen 2. You must be a registered voter in Penang and met one of the following criteria: i. Penang-born working in Penang ii. Residing in Penang for at least … Read more

Understanding of PR1MA

FREQUENTLY ASKED QUESTIONS

 

1. What is the eligibility criteria to apply for a PRIMA home?
• Malaysian citizen.
• At least 21 years of age at the time of application
• An individual or family (husband & wife) with a combined household monthly income of RM2,500 – RM10,000.
• Applicant or his/her spouse must not own more than one property.
• Adheres to the additional guidelines set by PR1MA.

2. Can I apply for a PR1MA home as a second home?
Yes, you can.

3. If I reside in Malaysia and my spouse lives overseas, are we eligible to apply?
You are eligible to apply as long as your family household income is between RM2,500 – RM10,000.

REGISTRATION

1. How do I register for a PR1MA home?
You may register online by visiting the PR1MA official website at www.pr1ma.my .

2. Are there any charges incurred to register for a PR1MA home?
PR1MA does not charge any registration fees neither does it select any agent or third party to offer form-filling services or special allocations for PR1MA homes.

3. Is my spouse also required to register if I have already registered for a PR1MA home?
Married couples are required to register once only. The applicant will have to include his/her spouse’s details in the registration form.

4. Do I register as an individual or family if I am to be married soon?
You may apply as an individual for now. However, you will need to update your profile with details of your spouse for ballot application.

5. How often should I update my profile?
You are required to update your profile if there is any change in the details required for your application.

6. Should I face a problem in registering, what do I do?
Kindly contact the PR1MA Call Centre at 03-7962 4374 from Monday to Friday (9:00am – 6:00pm) or Saturday (9:00am –1:00pm). Alternatively, you may email your enquiries to info@pr1ma.my

7. If there is a technical error on the PR1MA website, what do I do?
Kindly email a screen shot to PR1MA at this address – info@pr1ma.my

8. Where can I view a list of documents needed to register for PR1MA?
Please refer to the information found on this page of the PR1MA website – http://www.pr1ma.my/how-to-apply.php?required_documents=1.

9. What do I do should my IC has already been used in the system when I’m trying to register?
Kindly contact us at 03-7962 4374 from Monday to Friday (9:00am – 6:00pm) or Saturday (9:00am –1:00pm). Alternatively, you may email your enquiries to info@pr1ma.my

10. What if I forget my username or password?
You may retrieve your username and password at https://register.pr1ma.my

Understanding of PR1MA Share on X

11. What documents do I need to apply for PR1MA?
You are required to send copies of:
i. Your Identity Card (IC)
ii. Latest bank statement or salary slip

PR1MA DEVELOPMENT

1. Are PR1MA homes Freehold or Leasehold?
This is determined by the land proprietor for each PR1MA development.

2. Where are PR1MA homes located?
There are PR1MA developments located in major cities/towns/areas across Malaysia. For more information, visit http://www.pr1ma.my/pr1ma_homes.php.

3. How do I get the latest information about PR1MA home prices and launches?
To find out, visit http://www.pr1ma.my/pr1ma_homes.php.

4. How much does a PR1MA home cost?
A PR1MA home costs between RM100,000 and RM400,000.

5. What are the sizes available for PR1MA homes?
Generally, a terrace PR1MA house is approximately between 850 sqft and 1,850 sqft while a PR1MA apartment unit is approximately between 600 sqft to 1,200 sqft.

6. For enquiries or further information, kindly contact
PR1MA Call Centre: 03-7962 4374
Operating hours:
Monday to Friday (9:00am – 6:00pm)
Saturday (9:00am – 1:00pm)
Email: info@pr1ma.my

–PR1MA.MY