RM1.9 billion to build 123,000 PR1MA Homes The Ministry of Finance, in its Economic Report 2013/2014 released today, said RM500 million was allocated to PR1MA to build 50,000 homes in prime locations across the country and another RM300 million was to build 30,000 homes in collaboration with private developers. A total of 320,000 people will […]
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15 PR1MA projects in states As part of PR1MA projects, Pr1ma Corp Malaysia (PR1MA) has approved another 18,270 homes under 15 affordable housing projects in Selangor, Johor, Perak, Pahang and Sabah under the Phase 2. The new developments which come under Phase 2, reiterate PR1MA’s commitment to alleviating problem of affordable housing and cost of […]
PR1MA homes open to second-home buyers This is another good news for second-home buyers. Since the introduction of 1Malaysia People’s Housing Programme (PR1MA), we have been made known that the PR1MA is only available for first time home buyers. This has been confirmed by the Deputy Finance Minister Datuk Ahmad Maslan. “While the establishment of […]
PR1MA house buyers are not allowed to sell within 10 years The establishment of PR1MA Corporation Malaysia (PR1MA), under the PR1MA Act 2012, was to plan, develop, construct and maintain affordable housing for middle-income households (those with a monthly household income of between RM2,500 and RM7,500). Najib had said he was aware of the financial […]