ON FRIDAY
FEBRUARY 27, 2015
> Last call for application of current batch of quality,
affordable homes
P
R1MA
Corporation
Malaysia is otherwise
known as PR1MA. The
corporation was
established under the PR1MA
Act 2012 with the objective to
plan, develop, construct and
maintain high-quality housing
with lifestyle concepts for
middle-income households in
key urban centres. Under this
project, affordable housing units
are made available in the
following districts: central,
southern, northern, eastern,
Sabah and Sarawak.
TERMS AND CONDITIONS
Homes under PR1MA are
offered to those in the middle-
income bracket (M50),
Malaysians earning a monthly
household income of between
RM2,500 and RM10,000, who
currently own no more than one
property. Applicants also need
to be at least 21 years of age.
There are additional guidelines
that have been established by
individual states. To find out
more, log on to the PR1MA
official website.
After registration, application
and submitting of required
documents, applications that
meet all the necessary
requirements will be allocated
homes based on an open
balloting system. However,
successful applicants should be
aware that a 10-year moratorium
will be imposed, during which
time the PR1MA property
purchased cannot be sold or
transferred to another party
without consent fromPR1MA.
All PR1MA homes must be
owner occupied as the aim of the
scheme or intention of the
for 7,116 units of houses under
seven PR1MA projects. These
residential developments are
situated in KL, Perak, Kedah,
Malacca and Johor. Prices of homes
under these affordable residential
development projects range
between RM150,000 and
RM400,000. Although these
housing units
are claimed to
be priced 20%
below the
current market
value, they are
said to be of
reasonably
high and high
quality.
Housing
comes in the
form of landed
housing units
as well as high-
rise living
spaces.
The sizes of
units come in
comfortable
proportions of
between 850sf
and 1,850sf
for landed
properties and
600sf to 1,200sf
for high-rise
units. Whether
freehold or
leasehold,
Upcoming PR1MA projects in the central district
• Brickfields (Damansara-Penchala)
• Bukit Bintang (Pusat Bandar Raya)
• Bukit Jalil (Bukit Jalil-Seputeh)
• Cyberview (Sepang)
• Kajang (Selangor)
• Pandan Indah (Ampang Jaya)
• Pandan Jaya (Ampang Jaya)
• Port Dickson (Negri Sembilan)
• Seremban Utara (Seremban)
• Setapak (Wangsa Maju-Maluri)
• Taman Cempaka
(Ampang Jaya)
• Bukit Cheras (Kajang)
the land title depends on
the land proprietor of each
PR1MAdevelopment.
Registration is free and
can be done online via
www.pr1ma.myApplication for this batch
of housing units remain
open until Feb 28, 2015.
It is important to note that
PR1MA has not employed
any agents or third parties
to act on its behalf.
HOT PROPERTY
PR1MA
@
Seremban
Sentral is the hot favourite
being located within close
proximity to KL city
centre, yet out of “town”
in the city of Seremban,
Negri Sembilan. Under
this project, currently
open for registration, are
3,196 apartment units in
four layouts of varied
dimensions. Types A and
A1 come with two
bedrooms and one
bathroom across 825sf and
804sf respectively. Types
B and C however, offer
three bedroom and two
bathroom units built
across dimensions
totalling 1,008sf and 1,214sf
respectively.
The development
project is easily accessible
via Jalan Tuanku Antah,
Jalan Rasah, Jalan Sungai
Ujong, Jalan TuankuMunawir and
Jalan Dato Bandar Tunggal. It
comes with facilities and amenities
that include: multipurpose hall,
skateboard area, gymnasium,
outdoor gym, yoga deck, children’s
Email your feedback and queries
to:
[email protected]X
Note: Illustrations are artists’ impressions and subject to local authority approvals.
PR1MA
attractions
project is mainly to provide greater
home ownership amongMalaysian
middle-income earners and to raise
the quality of life of the
rakyat
.
PR1MA CHARACTERISTICS
Recently, there was an
announcement made to inform the
public that applications were open
Current projects
Some of the projects that are open for application include:
* PR1MA
@
Sungai Petani 1 (Sg Petani) priced fromRM118,000
* PR1MA
@
Melaka Tengah 1 (Bandar Melaka) priced
fromRM180,000
* PR1MA
@
Tebrau (Johor Baru) priced fromRM180,000
* PR1MA
@
Layangkasa (Pasir Gudang) priced fromRM185,000
* PR1MA
@
Kuala Ketil (Baling) priced fromRM215,000
* PR1MA
@
AlamDamai (Bandar Tun Razak-Sg Besi) priced
fromRM218,000
* PR1MA
@
Bandar Meru Raya (Ipoh) priced fromRM250,000
Nine simple steps to
becoming a proud PR1MA
home owner
1) Registration via creating
your account and uploading
required documents.
2) Launch notification fromPR1MA
notifying you of projects in your
preferred locations.
3) Application for open projects must
be done as ballots are not automatic.
4) Balloting process will be conducted
for applicants who have fulfilled
all criteria.
5) Verification of documents is carried
out by PR1MA.
6) Unit allocation is conducted,
allowing purchasers to choose
their preferred unit based
on availability.
7) Property financing/ownership –
Owners have a choice to source
their own financiers, go through
appointed PR1MA panel bankers or
take up PR1MA’s ‘rent-to-own
(RTO)’ programme purchase
option (applicable to those
who qualify).
8) SPA signing between PR1MA and
you, the owner.
9) Key handover upon completion of
the housing unit and issuance of
Certificate of Completion &
Compliance (CCC).
playground, library,
kindergarten and nursery
rooms, clinic, retail areas,
water features/covered
walkways/landscaping, surau,
management office, male and
female public washrooms.
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