By December 11, 2012

10 PR1MA sites for Penang

GEORGE TOWN: The Government has identified 10 locations here for its Perumahan Rakyat 1Malaysia (PR1MA) affordable urban housing programme.

PR1MA Berhad’s chief executive officer Datuk Abdul Mutalib Alias said the residential units would be built in Bukit Gelugor next year.

He said the “secure, 30-storey lifestyle condominiums” would be built on three plots of land measuring a total of 8ha as part of a mixed development project.

He said that PR1MA would adhere strictly to the local council’s density and plot ratio.

Due to land scarcity, the new planning features will include sky gardens.

“Some 20% of the leasehold project will comprise commercial units.

“This is a very nice area it will be the Bangsar of Penang.

“The surrounding projects are priced between RM520 and RM600 per sq ft PR1MA homes will definitely cost much less but let’s wait for Prime Minister Datuk Seri Najib Tun Razak to announce the price and details,” he said here yesterday.

Nine other project sites have been identified on the island and mainland pending a final decision from the Government.

“We are only looking at Federal Government-owned land here as well as plots owned by Perda and JKP Sdn Bhd.

“Some projects on the mainland may even be landed property,” he said.

He said PR1MA was unique because it is both a quasi-regulator and a developer.

PR1MA information and communications technology vice-president Noorul Amilin Mohd Daud said some 2.5 million Malaysians are expected to participate in the online registration for the 80,000 PR1MA homes to be built in 50 cities and towns nationwide once launched by Najib here today.

Abdul Mutalib said everything would be done online, including the submission of documents.

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Via TheStar

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