Opportunity for Terengganu folk to own homes

Posted on: 2018-04-03


KUALA LUMPUR (April 3): Up to 300 units of 1Malaysia People’s Housing project (PR1MA) homes would be built in each state constituency, Terengganu Menteri Besar Datuk Seri Ahmad Razif Abd Rahman, revealed yesterday.

Even though the cost of the PR1MA homes were about RM140,000, they will be sold at RM68,000 each, Bernama reported Ahmad Razif as saying.

As for affordable housing units, they will be sold at just RM20,000 per unit, with their original cost at around RM40,000 each.

He said that to make sure the affordable homes can be handed over to the people who need the homes before the year ends, the Terengganu has approved the allocation of RM1 million for each state constituency, Bernama reported.
Ahmad Razif added that conditions to own the affordable houses was subject to each state constituency’s decision while PR1MA homes would follow the existing requirements.


Share:

Source From: Edge Prop

Other News & Articles


GST, SST & The Potential Property Bubble Burst

I remember when the Goods and Services Tax (GST) was first about to be introduced here. A good friend told me that he was rushing to buy a property because his real estate negotiator...

Posted on: 2018-11-08

Deciding To Buy A Property? Think of The 4Ps

The first question that comes to mind before anyone buys their very first property is where the unit would be located. That’s the reason why the mantra has always been location, location and location....

Posted on: 2018-11-08

How to attract millennials to rent from you: know their 10 traits

These are the 10 traits or characteristics that are important to the millennials. It will directly influence their decision-making when finding for a room to rent....

Posted on: 2018-11-01