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Wednesday, 18 January 2017

(The Edge) More people to be eligible for PR1MA houses



This is facilitated by two policy changes in the programme

SUNGAI PETANI: Prime Minister Datuk Seri Najib Razak announced two policy changes yesterday to enable more people to own a house under the 1Malaysia People’s Housing (PR1MA) programme.

Najib said the two changes in the PR1MA policy involved raising the eligibility level for households from an income of RM10,000 to one of RM15,000, and shortening the moratorium on house sale and rental from 10 years to five years.

“The increase in income level to RM15,000 is to enable more people to qualify for a PR1MA house, apart from shortening the moratorium period.

“These are all measures taken by the government, which is committed to enabling people, especially [those in] the target group, to own a PR1MA house,” he said at a press conference after the PR1MA@Kedah Community celebration event at PR1MA Residency Puteri Jaya 1 here yesterday.

Also present were the prime minister’s wife Datin Seri Rosmah Mansor, Kedah Menteri Besar Datuk Seri Ahmad Bashah Md Hanipah, Education Minister Datuk Seri Mahdzir Khalid, Minister in the Prime Minister’s Department Datuk Seri Shahidan Kassim and PR1MA chief executive officer Datuk Abdul Mutalib Alias.

Najib said at the same time, the price of PR1MA houses remains unchanged, at 20% less than the current market price. “I see here that the price of the PR1MA model house is RM270,000, compared with RM470,000 for an almost similar house offered out there [by the private sector],” he noted.

Najib said what is important is that with these government measures, people will be able to own property through such wealth distribution by purchasing a house they desired. — Bernama