Search Results for: projek perumahan rakyat 1malaysia pr1ma
Emkay Group is planning to invest an additional RM3.8 billion in building more homes and commercial properties in Cyberjaya in the next five years on the back of robust demand for properties.
Its chairman, Tan Sri Mustapha Kamal Abu Bakar, said the group aims to build 3.1 million sq ft of office space development, 3,250 sq ft units of various types of residential units and 856 of commercial units and a light industrial area for automotive support services.
“This shows our commitment and confidence in Cyberjaya’s progress into the future and ever since our involvement here and together with other notable stakeholders, we have managed to position Cyberjaya appropriately in tandem with our government’s aspiration towards the realisation of Malaysia’s first intelligent city,” he told a media conference in Cyberjaya yesterday.
Since its inception in Cyberjaya, the Emkay Group has invested RM1.3 billion between 2006 and 2011 in developing office space, commercial and residential units. The projects provide a total nett floor area of 1.9 million sq ft of office space, 214 commercial units and 452 residential units.
Emkay’s development of residential units will see an increase of seven times or 3,250 units in the next four years as compared to between 2006 and 2011 with only 452 units.
For 2011 alone, out of a total of RM3.04 billion investments in Cyberjaya, 80% or RM2.4 billion was invested in development of residential units.
Mustapha added that the group has made a profit of RM213 million from the RM1.3 billion invested from 2006 until last year.
“This third wave is undoubtedly an important milestone in the development of Cyberjaya as a liveable city,” he said.
He added that Emkay also planned to build affordable homes in Cyberjaya under Projek Perumahan Rakyat 1Malaysia (PR1MA).
“We have written to the government. In fact the state government of Perak actually, in principal, has given their nod for Emkay to do this PR1MA project in the state. I’m not going to announce it, let the Mentri Besar announce it,” he said.
Mustapha said the group also planned to build and own seven buildings within the four-year period.
“To date we have two buildings, another one under construction in Kuala Lumpur and the balance of the buildings will be all over the country,” he said, adding that the average investment for each building is RM200 million.
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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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The most awaited housing scheme called the 1Malaysia Housing Programme (PRIMA) was finally launched yesterday by the Prime Minister at Putrajaya.
Prime Minister Datuk Seri Najib Razak said 42,000 houses would be built in 20 strategic areas that had been identified in the Klang Valley and Seremban.
This programme is part of the government’s agenda to increase the quality of life of Malaysians and is in line with the 1Malaysia concept. The government are aware of the problems faced by middle-income earners who can’t afford expensive homes, but at the same time are not eligible for low-cost housing programmes.
PRIMA is specifically for Malaysians earning not more than RM6,000 monthly, be they in the government or private sector or self-employed.
The loans were up to 105 per cent and house buyers could apply from a selected list of financial institutions. The additional five per cent, would be for the insurance and legal fees.
The three-room and two bathroom homes under this programme cost between RM150,000 and RM300,000, depending on the location and size.
The homes will be built in Putrajaya, Cyberjaya, Ara Damansara (Petaling), Bandar Tun Razak (Cheras), Putra Heights (Subang Jaya), Bandar Bukit Raja (Klang), Kota Elmina (Sg Buloh), Sg Besi (Kuala Lumpur), Elmina East and Elmina West in Shah Alam, Lagong Mas (Rawang) , Bandar Ainsdale (Seremban) and Seremban Sentral.
The buyers could only sell their units after 10 years to avoid speculation.
About 1Malaysia Housing Programme Corporation
The 1Malaysia Housing Programme Corporation, would be set up to plan and coordinate the projects under the programme. The laws to govern the corporation were being formulated and would be tabled in the next Parliament sitting in October.
Later at a press conference, Economic Planning Unit director-general Datuk Noriyah Ahmad explained that the housing corporation would be modelled after Singapore’s Housing and Development Board that plans and develops public housing towns to provide Singaporeans with quality homes.
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The eligibility criteria for Projek Perumahan Rakyat 1Malaysia is as follows :
|Applicants must be a Malaysian citizen.|
|Applicants must be at least 21 years old at the time of the application.|
|Open to Individuals or Families (husband and wife) with a monthly household income of between RM2,500.00 – RM7,500.00.|
|Those who currently own no more than one property.|
|Additional guidelines set-forth by states|
PR1MA homes will be allocated through an open balloting process. A 10-year moratorium will be imposed, during which time the property cannot be sold or transferred to another party without prior approval from PR1MA. PR1MA homes must be owner occupied.
Source : www.pr1ma.my
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