All posts in " PR1MA "
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Limit PR1MA’s Special End-Financing Scheme to First-Time Buyers, Says HBA

By Kim Wong / last year

The Special PR1MA End Financing Scheme (SPEF) and subsequent sale of 1Malaysia People’s Housing Programme (PR1MA) homes should be limited to only first-time house buyers, said the National House Buyers Association (HBA). HBA secretary-general Chang Kim Loong applauded the SPEF, which will assist the lower income group to obtain financing to buy their PR1MA homes […]

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HBA Propose Income-allocation Mechanism For PR1MA Home Buyers

By Kim Wong / last year

KUALA LUMPUR (Bernama) — There should be an allocation mechanism by the government for buyers of Projek Perumahan 1Malaysia (PR1MA) homes following the new income eligibility which has been increased from RM10,000 to RM15,000. The House Buyers Association (HBA) said as more people from the middle income group are now eligible to own PR1MA homes, […]

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Government Guarantee of Up To RM100,000 To Help Buyers of PR1MA Homes

By Kim Wong / last year

KUALA LUMPUR: The government will guarantee up to RM100,000 under the special step-up end-financing scheme announced for PR1MA (1Malaysia People’s Housing Programme). Secretary General of Treasury Tan Sri Dr Mohd Irwan Serigar Abdullah said some buyers who were chosen from the PR1MA balloting process were still unable to obtain loans. “The banks said the credit worthiness […]

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PR1MA To Acquire PR1MA Homes From Gabungan AQRS

By Jax Lee / a couple of years ago

KUALA LUMPUR, June 23 (Bernama) — Gabungan Strategik Sdn Bhd, a unit of Gabungan AQRS Bhd, has received a letter of intent (LOI) from PR1MA Corporation Malaysia to acquire 1,149 units of PR1MA homes from the company and AQRS The Building Company Sdn Bhd. Gabungan Strategik is the developer, while AQRS The Building Company is […]

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Perak To Ensure Affordable Houses Do Not Exceed RM 200K

By Kim Wong / a couple of years ago

PARIT BUNTAR, May 18 (Bernama) — The state government will amend its housing policy to set the price of affordable houses at not more than RM200,000, says Perak Women Development, Family, Community Welfare, Housing and Local Government Committee chairman Datuk Rusnah Kassim. She said at the same time, the amendment if passed, would also compel […]

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Understanding of PR1MA

By Kim Wong / a couple of years ago

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 […]

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Property Developers Play Vital Role In Ensuring Successful Delivery Of 500,000 PR1MA Homes

By Kim Wong / a couple of years ago

KUCHING, March 12 (Bernama)–Property developers’ participation is vital in ensuring the successful delivery of 500,000 units of PR1MA homes nationwide, worth more than RM100 billion. Perbadanan PR1MA Malaysia (PR1MA) chief executive officer Datuk Abdul Mutalib Alias said the participation from developers, both public and private, through collaborations with PR1MA was critical in ensuring the success […]

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Sarawak To Build 9,185 Units Of Quality Affordable Homes By 2019

By Kim Wong / a couple of years ago

KUCHING, Mac 3 (Bernama) — Sarawak targets to build 9,185 units of quality affordable homes under eight development projects by 2019. Its Housing Minister Datuk Amar Abang Johari Tun Openg said his ministry was cooperating with the state Housing Development Commission, Perbadanan PR1MA Malaysia (PR1MA) and local developers to build them. Speaking at a news […]

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1.24 Million People Have Registered For PR1MA Houses

By Kim Wong / a couple of years ago

KUALA LUMPUR, Feb 23 (Bernama) — A total of 1.24 million people have registered for ownership of affordable houses under the Perbadanan PR1MA Malaysia programme, said its chief executive officer Datuk Abdul Mutalib Alias. He said 90% of the applicants were below the age of 40, unmarried singles (47% ), married (49%) and divorcees (4%). […]