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PR1MA
The Kedah State Government plans to build 20,000 affordable homes under the Perbadanan PR1MA Malaysia (PR1MA) Housing Scheme in four to five years, said Menteri Besar, Datuk Seri Mukhriz Tun Dr Mahathir Mohamad. Mukhriz said the state government was aware of the hardships faced by Kedahans who were grappling with the pressures of life following the spiralling costs of living. The main component of... Read more >
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PR1MA Corp Malaysia (PR1MA) expects to make a detail announcement on PR1MA projects in March or April year to provide high-quality affordable homes for middle-income earners, said its CEO Datuk Abdul Mutalib Alias. He said the announcement will consist of all information, including advertisements, new launches, prices and house types. Under the government’s mandate last year, Abdul Mutalib, ... Read more >
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PR1MA Corporation Malaysia (PR1MA) will introduce a homebuyer assistance programme early next year to help those who are not eligible for a housing loan from banks but were chosen to own a 1Malaysia People’s Housing house. Chief Executive Officer Datuk Abdul Mutalib Alias said PR1MA is working with a partner to develop the special financing schemes, and is currently ironing out the final det... Read more >
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The first phase of the 1Malaysia Housing Programme (PR1MA) for affordable homes here will be open for sale in the third quarter of next year. The project — the first of its kind in Cyberjaya — will offer 794 apartments in total, 325 of which are in the first phase. The PR1MA homes are part of an RM1.055bil project to construct 2,500 housing units, including two-storey link houses, government q... Read more >
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Online applications for the Projek Perumahan Rakyat 1Malaysia (PR1MA) has reached 30,000 so far said Minister in the Prime Minister’s Department Datuk Seri Shahidan Kassim. He said work on the PR1MA housing project was expected to start next year. “The number of PR1MA houses to be build will depend on discussions held. Right now the PR1MA project in Alam Damai, Cheras has started,̶... Read more >
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The 1Malaysia Housing Programme (PR1MA) will receive applications for its houses to existing houseowners looking for a second one in the city. Minister in the Prime Minister’s Department Datuk Seri Shahidan Kassim said the decision to expand the eligibility to apply for PR1MA houses was expected to increase the number of online applications from the current 250,000 to one million. He said th... Read more >
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The 1Malaysia People’s Housing Programme (PR1MA) is in talks to ink a deal with a Japanese company soon to build affordable houses for middle-income Malaysians. Its chief executive officer, Datuk Abdul Mutalib Alias, said the memorandum of understanding (MoU) which would be signed by the two countries would take the housing construction technology to a new level in Malaysia. “I canR... Read more >
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It’s no secret that property prices are rising at astronomical rates. High market demand by investors and limited land space in urban areas are a few of the contributing factors causing the hike. Middle and lower income earners are the ones most affected by this as they cannot afford to buy the majority of properties in the city, which cost more than RM400,000 each. The PR1MA housing project sch... Read more >
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Budget 2014 is expected to have stricter policies for the property sector to curb speculations in the industry and help low-and medium-income earners to own affordable houses, says a real estate developer. Andaman Property Management Sdn Bhd Managing Director Datuk Seri Vincent Tew expects drastic changes in the real property gains tax (RPGT) to be announced in the budget. “I personally fore... Read more >
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PETALING JAYA: More than 20,000 homes will be built under 15 affordable housing projects in Greater Klang Valley, Johor, Penang, Sabah and Sarawak. “These 15 new developments are under Phase 1 of the PR1MA programme. I am confident that by year-end, we will have more on board to meet the 80,000 homes as announced in Budget 2013,” said PR1MA Corp Malaysia CEO Datuk Abdul Mutalib Alias. Specific... Read more >
