On the 4th July 2011, Prime Minister Datuk Seri Najib Tun Razak launched Program Perumahan 1Malaysia or 1Malaysia Housing Programme (PR1MA). 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 with household income in between RM2,500 to RM7,500 per month regardless whether they work with the government, the private sector or self-employed.
The programme will be plan and coordinate projects by 1Malaysia Housing Programme Corporation, and placed under the Prime Minister’s Department. The corporation would also distribute houses under the projects to eligible recipients.
Below are the details of 1Malaysia Housing Programme (PR1MA).
|The Programme||42,000 houses on 20 strategic sites in Klang Valley, Rawang and Seremban|
|8 projects expected to commence in 2011 & 2012|
|Developed by Putrajaya Holdings, SP Setia, Tradewinds, Cyberview, Sime Darby Property, MRCB Resources and 1MDB|
|Features||Each unit will be sold between RM100,000 and RM400,000 depending on location and size|
|Each unit would be between 800 and 1,400 square feet with three bedrooms and two bathrooms|
|Eligibility||Malaysian citizens with monthly household income between RM2,500 to RM7,500|
|Applicant must be at least 21 years old at the time of the application|
|Not a bankrupt|
|Currently, not own more than one property|
|Restriction||Not allowed to sell the house within 10 years to prevent speculative activities|
|Not allowed to rent the unit. Only for own occupation|
|Financing||Financing up to 105% from selected financial institutions. The additional 5% is for insurance and Sales and Purchase legal fees|
|Stamp duty will be exempted|
|Maximum financing tenor of 30 years|
|EPF savings withdrawal through the existing mechanisms|
The first project under PR1MA programme are 560 apartment units at precinct 11 Putrajaya. Each unit will be sold at RM120,000 and it is cheaper than the earlier price set.
Wonder by the time it’s officially launch, how many units are left?!
Good … now instead of paying money (i.e., rental) to the landlords, these people are diverted into paying money (i.e., interest) directly to the banks ! Good job Boleh-land government !!
i would like to have my own property under this program….it’s really a good news.
This really good for everybody 🙂
I help my father to purchased a house in Taiping and the loan under my name. Can i apply this housing?
kavi, I think there is no offering in Taiping.
I mean previously i help my father to get home loan under my name.
I read somewhere… the first phase of the pgm wil be for household with income below RM3000…correct me if im wrong
kingjoke, that is for another programme called my first house targeting low income group. PR1MA is targetting medium income group.
kavi, i believe it is only for first time house buyer. If you buy another house before I think you will become ineligible.
Hi, I’m looking the double/single storey house build up at sg, buloh & subang jaya area! The putra heights, Subang Jaya, izit got included for this project? Can i know how much the price? T&C? And how to get more information for it? (^_−)−☆
hi.. .. ..
newbies here.. .. ..
would like to ask, if i interest, how to apply / register in this?
Joey, Look at “List of PR1MA project”.
tea, I think you have to go to project showhouse.
where do i go to register myself for this program , web site , forms , walk in counters ,
You have to apply but currently there is no opening.
johor no have ?
can give me the registration web ?
I need to know sungai long have pr1ma project? Have double story?