PR1MA (Part 2): 1Malaysia People’s Housing Programme – Do You Qualify?
With PR1MA underway, most people from the middle-income class are looking forward to finally owning heir first home. However, find out if you qualify to purchase with the criteria laid out for the programme.
PR1MA criteria at a glance
To qualify, you must:
- be a Malaysian citizen
- be at least 21 years of age
- have a monthly household income of RM2,500 to RM7,500
- own no more than one property
- adhere to other guidelines set-forth by the States
Things about monthly household income you must know about
As an initiative by the Government to help the middle-income demographic, PR1MA takes your monthly household income very seriously. For the purpose of application, your monthly household income encompasses all of the following:
Your monthly income is derived from the last three calendar months prior to your application. Say you put in an application in April, your incomes from March, February and January would be added up and divided by three for the purpose of calculation.
If your average falls out of the range of RM2,500 – R M7,500, you are considered an unqualified applicant.