{"id":4943,"date":"2013-04-22T00:01:33","date_gmt":"2013-04-21T16:01:33","guid":{"rendered":"http:\/\/www.imoney.my\/articles\/?p=4943"},"modified":"2015-12-08T15:29:38","modified_gmt":"2015-12-08T07:29:38","slug":"pr1ma-1","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/pr1ma-1","title":{"rendered":"PR1MA (Part 1): 1Malaysia People\u2019s Housing Programme \u2013 What Is It?"},"content":{"rendered":"

\"key<\/p>\n

Are you a middle-income household member who\u2019s looking to buy a home?\u00a0Then, it might be worth your while to check out PR1MA \u2013 an initiative by the Malaysian government to develop affordable housing for the middle-income households.<\/p>\n

<\/span>What is PR1MA?<\/strong><\/span><\/h2>\n

It stands for Perumahan Rakyat 1Malaysia<\/b> (or the 1Malaysia People\u2019s Housing Programme<\/b>). Its objective is to develop affordable housing for the middle-income group in key urban centres in Malaysia. In this case, middle-income is defined as a joint monthly income (encompassing both husband and wife’s earnings) of RM2,500 to RM7,500.<\/p>\n

<\/span>What is it for?<\/strong><\/span><\/h2>\n

The programme was established by the government as a means to help the intended demographic manage the cost of living in urban areas, specifically, in elevating their chances of owning a home amidst escalating property prices in Malaysia.<\/p>\n

<\/span>What kinds of residential properties will be available?<\/strong><\/span><\/h2>\n

Houses available under the programme will be located in sustainable communities and be priced between RM100,000 and RM400,000.<\/p>\n

As of March 2013, areas that have been identified and are under various stages of development include Seremban Utara, Negri Sembilan; Kuantan, Pahang; Nusajaya, Johor; Bukit Gelugor, Penang and Alam Damai, Cheras \u00a0(Source: <\/i>NST<\/i><\/a>).\u00a0An estimated 80,000 homes will be built in Klang Valley and the Federal Territory alone for the programme.<\/p>\n

<\/span>How much cheaper will the properties be?<\/strong><\/span><\/h2>\n

There are no official confirmations as yet.\u00a0However, in an interview with The Star<\/a><\/em> on 11 March 2013, Prime Minister Datuk Seri Najib Tun Razak had been quoted as saying that the houses will be priced \u201cat least 20% lower than market rates\u201d.<\/p>\n

<\/span>How to buy one?<\/strong><\/span><\/h2>\n

The properties are offered via an open ballot (i.e. the process of drawing lots). To become a qualified candidate, you will need to complete a registration process and get a\u00a0number. Thereafter, you can submit an application for balloting to the PR1MA property of your choice. Read about the PR1MA application process<\/a>.<\/p>\n

What the government has done is definitely a lauded effort. Have you applied for a PR1MA property yet?<\/p>\n

Want to know more? Find out if you qualify to apply for PR1MA<\/a>.<\/strong><\/h3>\n

Already have a property in mind? Use our home loan calculator<\/a>\u00a0to find the best home loan rate right now.<\/strong><\/h3>\n

\"homeloan-728x90\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Are you a middle-income household member who\u2019s looking to buy a home?\u00a0Then, it might be worth your while to check out PR1MA \u2013 an initiative by the Malaysian government to develop affordable housing for the middle-income households. What is PR1MA? It stands for Perumahan Rakyat 1Malaysia (or the 1Malaysia People\u2019s Housing Programme). Its objective is… View Article<\/a><\/p>\n","protected":false},"author":1,"featured_media":8915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-4943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-properties"],"acf":[],"yoast_head":"\nPR1MA (Part 1): Malaysia People\u2019s Housing Programme - What It Is<\/title>\n<meta name=\"description\" content=\"Are you a middle-income household member who\u2019s looking to buy a home?\u00a0 Then check out Malaysia PR1MA \u2013 an initiative to develop affordable housing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/pr1ma-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PR1MA (Part 1): Malaysia People\u2019s Housing Programme - What It Is\" \/>\n<meta property=\"og:description\" content=\"Are you a middle-income household member who\u2019s looking to buy a home?\u00a0 Then check out Malaysia PR1MA \u2013 an initiative to develop affordable housing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/pr1ma-1\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-21T16:01:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-12-08T07:29:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/financial.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3717\" \/>\n\t<meta property=\"og:image:height\" content=\"3164\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"iMoney Editorial\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"iMoney Editorial\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1\"},\"author\":{\"name\":\"iMoney Editorial\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/2dc429bac9840e75ad08ab242c57dcbb\"},\"headline\":\"PR1MA (Part 1): 1Malaysia People\u2019s Housing Programme \u2013 What Is It?\",\"datePublished\":\"2013-04-21T16:01:33+00:00\",\"dateModified\":\"2015-12-08T07:29:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1\"},\"wordCount\":382,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#primaryimage\"},\"thumbnailUrl\":\"\\\/articles\\\/wp-content\\\/uploads\\\/financial.jpg\",\"articleSection\":[\"Properties\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1\",\"name\":\"PR1MA (Part 1): Malaysia People\u2019s Housing Programme - What It Is\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#primaryimage\"},\"thumbnailUrl\":\"\\\/articles\\\/wp-content\\\/uploads\\\/financial.jpg\",\"datePublished\":\"2013-04-21T16:01:33+00:00\",\"dateModified\":\"2015-12-08T07:29:38+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/2dc429bac9840e75ad08ab242c57dcbb\"},\"description\":\"Are you a middle-income household member who\u2019s looking to buy a home?\u00a0 Then check out Malaysia PR1MA \u2013 an initiative to develop affordable housing.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#primaryimage\",\"url\":\"\\\/articles\\\/wp-content\\\/uploads\\\/financial.jpg\",\"contentUrl\":\"\\\/articles\\\/wp-content\\\/uploads\\\/financial.jpg\",\"width\":3717,\"height\":3164,\"caption\":\"financial comparison website\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/pr1ma-1#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Properties\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/category\\\/properties\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"PR1MA (Part 1): 1Malaysia People\u2019s Housing Programme \u2013 What Is It?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#website\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/2dc429bac9840e75ad08ab242c57dcbb\",\"name\":\"iMoney Editorial\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/484677d6814081d0b791a545e2dd7d826425b53411de07415367b72a884f01c8?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/484677d6814081d0b791a545e2dd7d826425b53411de07415367b72a884f01c8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/484677d6814081d0b791a545e2dd7d826425b53411de07415367b72a884f01c8?s=96&d=mm&r=g\",\"caption\":\"iMoney Editorial\"},\"description\":\"iMoney Editorial Team is composed of 4 writers with wide-ranging interests and areas of expertise. Their primary responsibility is to write financial-related articles to share and educate Malaysians on how to save, make and grow their money.\",\"sameAs\":[\"http:\\\/\\\/www.imoney.my\"],\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/author\\\/chinglee\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PR1MA (Part 1): Malaysia People\u2019s Housing Programme - What It Is","description":"Are you a middle-income household member who\u2019s looking to buy a home?\u00a0 Then check out Malaysia PR1MA \u2013 an initiative to develop affordable housing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/pr1ma-1","og_locale":"en_US","og_type":"article","og_title":"PR1MA (Part 1): Malaysia People\u2019s Housing Programme - What It Is","og_description":"Are you a middle-income household member who\u2019s looking to buy a home?\u00a0 Then check out Malaysia PR1MA \u2013 an initiative to develop affordable housing.","og_url":"https:\/\/www.imoney.my\/articles\/pr1ma-1","og_site_name":"iMoney Malaysia","article_published_time":"2013-04-21T16:01:33+00:00","article_modified_time":"2015-12-08T07:29:38+00:00","og_image":[{"width":3717,"height":3164,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/financial.jpg","type":"image\/jpeg"}],"author":"iMoney Editorial","twitter_card":"summary_large_image","twitter_misc":{"Written by":"iMoney Editorial","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1#article","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1"},"author":{"name":"iMoney Editorial","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/2dc429bac9840e75ad08ab242c57dcbb"},"headline":"PR1MA (Part 1): 1Malaysia People\u2019s Housing Programme \u2013 What Is It?","datePublished":"2013-04-21T16:01:33+00:00","dateModified":"2015-12-08T07:29:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1"},"wordCount":382,"commentCount":0,"image":{"@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1#primaryimage"},"thumbnailUrl":"\/articles\/wp-content\/uploads\/financial.jpg","articleSection":["Properties"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.imoney.my\/articles\/pr1ma-1#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1","url":"https:\/\/www.imoney.my\/articles\/pr1ma-1","name":"PR1MA (Part 1): Malaysia People\u2019s Housing Programme - What It Is","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1#primaryimage"},"thumbnailUrl":"\/articles\/wp-content\/uploads\/financial.jpg","datePublished":"2013-04-21T16:01:33+00:00","dateModified":"2015-12-08T07:29:38+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/2dc429bac9840e75ad08ab242c57dcbb"},"description":"Are you a middle-income household member who\u2019s looking to buy a home?\u00a0 Then check out Malaysia PR1MA \u2013 an initiative to develop affordable housing.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/pr1ma-1"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1#primaryimage","url":"\/articles\/wp-content\/uploads\/financial.jpg","contentUrl":"\/articles\/wp-content\/uploads\/financial.jpg","width":3717,"height":3164,"caption":"financial comparison website"},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/pr1ma-1#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"Properties","item":"https:\/\/www.imoney.my\/articles\/category\/properties"},{"@type":"ListItem","position":3,"name":"PR1MA (Part 1): 1Malaysia People\u2019s Housing Programme \u2013 What Is It?"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/2dc429bac9840e75ad08ab242c57dcbb","name":"iMoney Editorial","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/484677d6814081d0b791a545e2dd7d826425b53411de07415367b72a884f01c8?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/484677d6814081d0b791a545e2dd7d826425b53411de07415367b72a884f01c8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/484677d6814081d0b791a545e2dd7d826425b53411de07415367b72a884f01c8?s=96&d=mm&r=g","caption":"iMoney Editorial"},"description":"iMoney Editorial Team is composed of 4 writers with wide-ranging interests and areas of expertise. Their primary responsibility is to write financial-related articles to share and educate Malaysians on how to save, make and grow their money.","sameAs":["http:\/\/www.imoney.my"],"url":"https:\/\/www.imoney.my\/articles\/author\/chinglee"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/4943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=4943"}],"version-history":[{"count":29,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/4943\/revisions"}],"predecessor-version":[{"id":20640,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/4943\/revisions\/20640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/8915"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=4943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=4943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=4943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}