August 26, 2017, Saturday
Lo (second right) at the event yesterday.
Speaking to reporters yesterday, he said that buyers can now benefit from end-financing provided by financial institutions, Rent-to-Own services and insurance benefits under PR1MA.
“We live in a time of great contradictions. We know to a large extent what should be done but we don’t really possess the instruments to do it and sometimes not even the will is there,” he added.
Thus the government emphasised on three key issues; Affordable Housing, Education and Healthcare.
He noted that the federal government is fully aware of the financial pressures faced by the urban, middle-income population due to Malaysia’s rapid urbanisation.
PR1MA will be the first that exclusively targets this middle segment with homes ranging from RM100,000 to RM400,000.
“I would like to express my gratitude to the federal government for introducing PR1MA into Sarawak to help supply more affordable houses for the Rakyat,” said Lo.
Perbadanan PR1MA Malaysia was established under the PR1MA Act 2012 to plan, develop, construct and maintain high-quality housing with lifestyle concepts for middle-income households in key urban centres.
PR1MA homes come in various types and sizes within an integrated community, sensibly designed to suit different household needs.
The most recent Sarawak launch was PR1MA @ Semenggoh last month, with its first phrase of 500 units starting from RM235,000
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