Perumahan Rakyat 1Malaysia (PR1MA) will be officially launched 7 December 2012

The online registration for 80,000 affordable homes to be built in 50 cities and towns under the Perumahan Rakyat 1Malaysia (PR1MA) will be officially launched in Penang on Saturday.

Qualified applicants will be able to take part in the balloting of the houses which will be built at the cost of about RM10bil over the next three years.

“People in Penang will be the first to register and benefit from the Government's affordable urban housing programme,” PR1MA Berhad's chief executive officer Datuk Mutalib Alias told a media briefing yesterday.

He said work on the 333ha PR1MA Seremban project was expected to begin early next year while parcels of urban land in Kuala Lumpur, Selangor, Penang, Johor, Malacca, Sabah and Sarawak had been identified for the project.

“PR1MA will develop 50,000 homes while the additional 30,000 would be built through collaboration with established private developers.

“We will provide affordable units to meet the needs of urban dwellers,” he said.

Mutalib said individuals and married couples with a monthly collective household income of between RM2,500 and RM7,500 a month were eligible to register for PR1MA homes.

Landed and high-rise properties are priced between RM100,000 and RM400,000.

He said PR1MA adopted a flexible definition of eligible household income so family members who qualified could also register individually.