Pricing of affordable home projects by the Perbadanan PR1MA Malaysia (PR1MA) will have a stabilising effect and act as a benchmark for similar range of residential houses to be offered by other private developers.

The property market would soon react and match PR1MA’s pricing, which would be 25 per cent cheaper than the market value, said [...]

1Malaysia People’s Housing (PR1MA) Corporation has approved the development of 72 residential projects throughout the country this year, said its chief executive officer Datuk Abdul Mutalib Alias.

He said the projects would offer a total of 50,000 residential units to buyers.

“Overall, I understand that more than 11,000 units are at various stages of construction while for [...]

Prime Minister Datuk Seri Najib Tun Razak today advised the public not to get cheated by people claiming to be agents for the 1Malaysia People’s Housing Scheme (PR1MA).

“They are going around collecting money from people who want to buy the (PR1MA) affordable houses,” he told a press conference after chairing a National Housing Council meeting [...]

Datuk Seri Najib Tun Razak said loan offers of as high as 110 percent will be extended to 1Malaysia Housing Project (PR1MA) house buyers by selected financial institutions.

The prime minister said this was a continuance of the government’s effort to help the people pertaining to the housing project.

“This financial is to enable all house buyers [...]

The government will be increasing the number of People’s Housing Projects (PPR) for rent to the lower income group in urban areas throughout the country next year.

Deputy Urban Wellbeing, Housing and Local Government Minister Datuk Halimah Mohd Sadique said presently 88,0000 of the 102,000 PPR houses had been rented out before the tenants could afford [...]

Young people earning a monthly income of RM2,500 to RM10,000 who have not owned a house are encouraged to apply online for a housing unit under the 1Malaysia People’s Housing Scheme (PR1MA).

MCA Youth chief, Senator Chong Sin Woon said there were still many young people, especially from the Chinese community, who were not aware of [...]

The government’s Budget 2015 announcement today is expected to help more low- and middle-income Malaysians own a roof above their heads amid rising property prices, industry players and observers said.

“The government is going all out to address the issue of house ownership by mobilising its housing agencies such as PR1MA Corp, the National Housing Department [...]

The 1Malaysia People’s Housing Scheme (PR1MA) has entered into partnership with the Langkawi Development Authority (Lada) to build 1,000 affordable homes.

The houses will be built about 2km from Kuah town on a 58.27ha site.

Prime Minister Datuk Seri Najib Tun Razak, who witnessed the signing of the memorandum of understanding (MoU) for the project between PR1MA [...]

The Government will offer rent-to-own schemes to potential PR1MA housebuyers who are unable to secure loans from financial institutions, said Datuk Seri Najib Tun Razak.

The Prime Minister said the RTO scheme was designed to allow potential PR1MA buyers who could not afford the units, or had been turned away by banks.

“Under the RTO scheme, the [...]

The Urban Wellbeing, Housing and Local Government Ministry has taken note of the Sarawak government’s suggestion for its views on the location of every people’s housing project in the state, to be sought prior to implementation.

Its minister Datuk Abdul Rahman Dahlan said the suggestion was relevant, considering Sarawak’s geographical position.

He said the matter was expressed [...]

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