By December 1, 2011 0 Comments

Projek Perumahan Rakyat 1Malaysia (PR1MA)

The 1Malaysia Housing Programme (PR1MA) (Projek Perumahan Rakyat 1Malaysia) was officially launched by the Prime Minister Datuk Seri Najib Tun Razak on 4 July 2011.

The programme aim to assist the middle income group who can neither afford to buy high-end property nor are eligible for existing My First Home Scheme and others low-cost public housing scheme to own a home.

Middle income group are those who earn not more than RM6,000 per month regardless whether they work with the government, the private sector or self-employed.

To ensure succes, the programme will be plan and coordinate by the newly established 1Malaysia Housing Programme Corporation, and placed under the Prime Minister’s Department. The corporation would also distribute houses under the projects to eligible recipients.

Based on plans, 42,000 houses will be built on 20 strategic sites Klang Valley, Rawang and Seremban. For year 2011 & 2012, 8 projects will kick off.

The Developer for all these projects are Putrajaya Holdings, SP Setia, Tradewinds, Cyberview, Sime Darby Property, MRCB Resources and 1MDB

In order to prevent speculative activities, all house under this programme are not allowed to sell within 10 years. Besides that, all units are for own occupation and not for RENT. occupation

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