1Malaysia Housing Programme (PR1MA)

PUTRAJAYA, 4 July– Prime Minister Datuk Seri Najib Tun Razak on Monday launched phase one of the 1Malaysia Housing Programme (PR1MA) which involves the construction of 42,000 houses on 20 strategic sites. Each unit would be sold between RM150,000 and RM300,000 depending on location and size. The built-up size of each unit would be between 800 and 1,400 square feet with three bedrooms and two bathrooms. Among developers involved in phase one of PR1MA are Putrajaya Holdings, SP Setia, Tradewinds, Cyberview, Sime Darby Property, MRCB Resources and 1MDB involving 825.1 acres in total.

PR1MA was specifically only  for

  • Appilcant must be Malaysian.
  • Income earning not more than RM6,000 monthly not restriction on occupations. (No specific guide-line out yet)
  • First time home purchaser.
  • Loan up to 105%. (The extra 5%  is only for MRTA/MLTA and Loan Legal Fees Financing)
  • Loan Tenure maximum 30 years.
  • Lock in period for 10 years. (Can’t sell the house during lock-in period)

Special Feature for PRIMA

  • Stamp-duty exemption for house buyers.

News on 1Malaysia shops

More 1Malaysia shops will be made available nationwide to allow more people to purchase necessary goods at affordable prices.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said currently the ministry was determining suitable areas for the shops.

He said there were plans to open 60 1Malaysia shops nationwide by the end of 2012 adding that 25 shops would be ready for business by the end of this year.

Ismail said 1Malaysia shops would give the people a choice of obtaining necessities at affordable prices.

Official visit: Najib checking the Super Tempatan 1Malaysia rice during his visit to Kedai Rakyat 1Malaysia in Bandar Tun Razak.
The 1Malaysia shop or Kedai Rakyat 1Malaysia (KR1M) is one of the initiatives to address the rising cost of living under the Government Transformation Programme (GTP), which was recently introduced by the Prime Minister Datuk Seri Najib Tun Razak.

In addition to food items and healthcare through the 1Malaysia Clinic, Najib said the latest NKRA would also encompass other essentials that have direct effects on the people's well-being.

He also said the government would rely on the expertise of Performance Management and Delivery Unit (PEMANDU) to assist the relevant ministries and agencies together with the Cabinet Committee on Supply and Price led by Deputy Prime Minister Tan Sri Muhyiddin Yassin.

What is 1Malaysia?

1Malaysia (pronounced One Malaysia in English and Satu Malaysia in Malay) is an on-going programme designed by Malaysian Prime Minister Najib Tun Razak on 16 September 2010, calling for the cabinet, government agencies, and civil servants to more strongly emphasise ethnic harmony, national unity, and efficient governance.