Malaysia Watch Forum

Off Topic => Investment & Real Estate => Topic started by: chrisyen on August 05, 2011, 08:59:24 AM

Title: Pr1ma
Post by: chrisyen on August 05, 2011, 08:59:24 AM
projek 1 Malaysia....

affordable homes for 1st buyer....

whats ur thought?
Title: Re: Pr1ma
Post by: hanz079 on August 05, 2011, 09:04:07 AM
The definition of affordable?
What's the price range at?
Looking at the current property prices, fresh graduates and 1st time housebuyers kena gigit the most.
If there's a plan to get ppl like that to own homes... deserves credit.
Title: Re: Pr1ma
Post by: chrisyen on August 05, 2011, 09:07:56 AM
details here

http://pr1ma.net/ (http://pr1ma.net/)
Title: Re: Pr1ma
Post by: takashi78 on August 05, 2011, 09:20:41 AM
The eligibility criteria for Projek Perumahan Rakyat 1Malaysia is as follows :

    Malaysian citizens with monthly income less than RM6,000
    First time home buyer
    Open for all Malaysians who work with the government, private sector or self-employed


WOW rm6k !
Lot of ppl now work many many yrs also cant reach 6k a month.
Title: Re: Pr1ma
Post by: chrisyen on August 05, 2011, 09:45:11 AM

Lot of ppl now work many many yrs also cant reach 6k a month.

lol.... in KL many ppl earn much more than rm6k bro.... u? :Laughing_on_floor: :Laughing_on_floor: :Laughing_on_floor:
Title: Re: Pr1ma
Post by: hanz079 on August 05, 2011, 09:55:51 AM
6k? If that is the target, then the bullseye will be a substantial lot as I believe a big chunk of the Malaysian population is earning less than 6k a month... me included...
How will the lots be allocated? Lucky draw?
Seems like this will leave alot of room for "under table grease the wheel" payments... no? :Blue:
Title: Re: Pr1ma
Post by: chrisyen on August 05, 2011, 12:52:02 PM
Seems like almost all mwf connaisseur are automatically disqualified from this Pr1ma project leh, fairly unfair! :'( We should petition for a revise of the inclusion criteria :laugh:

thought u will eyeing the shops around it.... with the huge dense development... the shop around will b very potential....
if u got bullet.... pls survey those shop around tmn tenaga near ikan emas
when sp setia go in and redevelop the ikan emas cheras.... (stated as bdr tun razak in Pr1ma website)
i believe the old shop price will hv good demand
or even those shop near sri permaisuri, tmn pertama.... will be benefited

so dun jump into the project alone... look at wider area.... and the spin of economy.....
Title: Re: Pr1ma
Post by: Sid Vicious on August 05, 2011, 02:56:38 PM
Ok tell me where to buy  ;D
Title: Re: Pr1ma
Post by: Watchnewby on August 05, 2011, 03:00:13 PM
I read from the Sun newspaper :
"Malaysian citizens with monthly income less than RM 3,000"

not RM6K as mentioned in a member's post earlier.
Not sure which is right. But if RM3K, IMO, it is credible for the government to ensure more Malaysian can own a home.
Title: Re: Pr1ma
Post by: kenixck on August 05, 2011, 03:05:55 PM

1st project Putrajaya 1000sqft for RM120,000 this is dirt cheap.
however, how many can get really hard to say.

easily after 10 years will be worth RM300K if country doesn't have a meltdown.
who will be the lucky 560 for this limited edition ?
Title: Re: Pr1ma
Post by: Sid Vicious on August 05, 2011, 03:17:55 PM
Thank you zitan for your prayers ;) wish mymmega pay come faster  :Cheers:

I heard 3k as well
Title: Re: Pr1ma
Post by: chrisyen on August 05, 2011, 03:47:45 PM
different place different size different price so different eligibly requirement on income
bcoz the ur income determine your borrowing limit mah...
and 1 malaysia 1st home project allow u to borrow for 105%

if u 1 2 make $ then do ur home work and read the official website first...
surf around internet 2nd
then visit those up n coming project area 3rd
after u gather all information then u think!!!
Title: Re: Pr1ma
Post by: ykl on August 07, 2011, 02:01:30 PM
I read from the Sun newspaper :
"Malaysian citizens with monthly income less than RM 3,000"

not RM6K as mentioned in a member's post earlier.
Not sure which is right. But if RM3K, IMO, it is credible for the government to ensure more Malaysian can own a home.


3k is for buying property less than 220k eligible get full loan, the 6k one is for this pr1ma project, is 2 different scheme if not mistaken.
Title: Re: Pr1ma
Post by: wslee on August 08, 2011, 10:42:00 PM
Well on the surface, it looks lots of people can qualify but the terms and conditions apply...It will be another difference story
Title: Re: Pr1ma
Post by: chrisyen on August 09, 2011, 02:31:02 PM
With the overnight global crush in share market, maybe worthwhile cautiously consider investing in some non politically linked blue chips?! ;)

bro... think positively... u shd now very happy... property price wont go up soon!
and u can wait for grabbing those who burn hand in share and force to sell their property...

i dun hv $$$ to wait for property so i wait for watches.... :Laughing_on_floor:
Title: Re: Pr1ma
Post by: Bestwatch on May 27, 2013, 08:18:54 AM
The price range rm100k-rm400k.