{"id":4955,"date":"2013-04-22T00:04:56","date_gmt":"2013-04-21T16:04:56","guid":{"rendered":"http:\/\/www.imoney.my\/articles\/?p=4955"},"modified":"2014-07-10T15:19:10","modified_gmt":"2014-07-10T07:19:10","slug":"pr1ma-3","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/pr1ma-3","title":{"rendered":"PR1MA (Part 3): 1Malaysia People\u2019s Housing Programme \u2013 How To Apply?"},"content":{"rendered":"<p>In the final part of our PR1MA Series, we examine the steps to signing up for the programme as well as other things you need to take note of when you&#8217;re a PR1MA home owner.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"6-steps-to-register\"><\/span><strong>6 steps to register<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Step 1:<\/strong>\u00a0Create an account and set up your very own PR1MA ID and password, then have them verified with your email. You can do this <a rel=\"nofollow\" href=\"https:\/\/register.pr1ma.my\/Account\/Register\" target=\"_blank\">here<\/a>.<\/p>\n<p><strong>Step 2:<\/strong> With your ID and password, log in to the <a rel=\"nofollow\" href=\"https:\/\/register.pr1ma.my\/Account\/Login\" target=\"_blank\">PR1MA website<\/a> and follow the instructions to get your unique PR1MA Number.<\/p>\n<p><strong>Step 3:<\/strong> After registration, wait to be notified via email or SMS when the development of your choice is launched. Once you\u2019ve received notification, you can submit an application for balloting.<\/p>\n<p><strong>Step 4:<\/strong> Following submission, your application will be verified. This usually takes place after the entire application period has ended. Successful applications will then be processed for balloting.<\/p>\n<p><strong>Step 5:<\/strong> Once balloting is completed, the successfully balloted numbers will be listed on its official website. If you are a successful ballotter, you will also be contacted via email or SMS. Thereafter, you are to proceed with your own end-financing arrangement with the bank of your choice.<\/p>\n<p><strong>Step 6:<\/strong> Once everything is in order, they will proceed to contact you on your allocation (i.e. unit number).<\/p>\n<p><a href=\"\/home-loan\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7691\" alt=\"homeloan-728x90\" src=\"\/articles\/wp-content\/uploads\/2013\/11\/homeloan-728x90.jpg\" width=\"728\" height=\"90\" srcset=\"\/articles\/wp-content\/uploads\/2013\/11\/homeloan-728x90.jpg 728w, \/articles\/wp-content\/uploads\/2013\/11\/homeloan-728x90-300x37.jpg 300w, \/articles\/wp-content\/uploads\/2013\/11\/homeloan-728x90-150x18.jpg 150w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"2-things-to-take-note-of\"><\/span><strong>2 things to take note of<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Due to the nature of the initiative, all successful purchasers are advised to take note of 2 clauses that separate its properties from other properties in the market.<\/p>\n<ul>\n<li>Firstly, the properties are subjected to a 10-year moratorium.\u00a0 To put it simply, you will NOT be able to sell or transfer your PR1MA property to another party without prior approval during the said period.<\/li>\n<li>Secondly, the property must be owner occupied. If you own one, you have to stay in it, without exception. So, forget about earning some extra cash by renting it out.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><strong>Here&#8217;s a recap on the <a href=\"\/articles\/pr1ma-1\/\" target=\"_blank\">PR1MA<\/a> programme.<\/strong><\/h3>\n<h3><strong><\/strong><strong>Already qualified and looking for end-financing? Use our <a href=\"\/home-loan\" target=\"_blank\">home loan comparison calculator<\/a>\u00a0to get the best rate right now.<\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>In the final part of our PR1MA Series, we examine the steps to signing up for the programme as well as other things you need to take note of when you&#8217;re a PR1MA home owner. 6 steps to register Step 1:\u00a0Create an account and set up your very own PR1MA ID and password, then have&#8230; <a class=\"view-article\" href=\"https:\/\/www.imoney.my\/articles\/pr1ma-3\">View Article<\/a><\/p>\n","protected":false},"author":1,"featured_media":8923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-4955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the 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