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

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

3 Types of Property To Be Avoided In 2016

As predicted by many financial economist, Malaysia economy in year 2016 will be facing lots of challenges and even our Budget 2016 had revised to adapt the current slow economy. With that being said, our property market cannot run away from the slow downturn. However, some people look at this moment as an opportunity to … Read more

How Much Can I Borrow?

How much can I borrow?  This is the most important question to ask before purchasing any house. There is no point of buying a house and your loan is not approve right? If you like old school, we can share with you the way to calculate your entitlement. This may not be 100% correct because every banks … Read more

Stamp Duty & Legal Fees For Purchasing A House

Purchasing a RM500,000 home isn’t really just going to cost you RM500,000. There are various costs in the equation that you have to be ready to fork out after making the plunge. Lets take a look at the various fees involved and what they are for. 1. Legal Fees Legal fees is an attorney fee … Read more

5 Tips to Reduce Stress When Buying a House

Whether you’re a first-time home buyer or have plenty of experience, purchasing a house is just plain stressful. It’s a complicated process involving both strong emotions – it’s a home, after all – and what may be the biggest financial investment of your life. Even if the process appears to be going smoothly, it only … Read more

How to Sell Your House by Owner – Without a Realtor

Owning a home is one of the biggest investments most people ever make. When it’s time to sell your property, the standard practice is to find a real estate agent. After the sale, your agent and the buyer’s agent will share about 7% of the sale price as their commission, which amounts to a hefty portion … Read more

Simple Ways to Invest in Real Estate

Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last 50 years and has become a common investment vehicle. Although the real estate market has plenty of opportunities for making big gains, buying and owning real estate is a lot … Read more

3 Ways to Invest in New York City Real Estate

New York real estate is renowned for investment opportunities. As one of the most famous cities in America and the world, New York and its property presents unique investment opportunities. There is one problem however. Real estate in New York is expensive. In fact, a recent survey shows New York City as the third most … Read more