8 Important Things You Should Know About PR1MA In Malaysia!

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Malaysia’s government is on a mission to deliver more affordable homes! Leading that charge is the flagship 1Malaysia Housing Programme – PR1MA, also known as PRIMA.

What does that mean for you? Here’s our handy guide on just what PRIMA is, and how you can apply for it.

1) What Is PRIMA?

PRIMA is an affordable housing project established under the PR1MA Act 2012. Here are some of the currently available listings for sale!

It aims to plan, develop, construct, and maintain high-quality housing for middle-income households in key urban areas.

As PR1MA is designed to provide an affordable housing solution for Malaysian citizens, there are several additional conditions apply in order to support that central goal:

PRIMA Homes must be owner occupied without sub-letting
Owners cannot sell their PRIMA home within 5 years of purchase
Additional state guidelines may apply in some states

2) What Are PRIMA Homes?

A PRIMA house is designed to be part of an integrated community, offering a variety of unit types and sizes to meet the needs of citizens in Malaysia’s rapid-growth urban centres.

Generally, a PR1MA terraced house is approximately between 850 sq ft to 1,850 sq ft while a PR1MA high-rise unit is approximately between 600 sq ft to 1,200 sq ft.

Most of this scheme’s projects are located in locations that are conducive and attractive, mostly in major cities across Malaysia.

Therefore, there are many amenities close to PR1MA housing including schools, grocery stores, access to public transport, and more.

3) How Much Does A PRIMA House Cost?

PRIMA Malaysia homes are priced between RM100,000 and RM400,000, aiming to provide an affordable price point that fits the key focus of middle-income communities.

4) Where Are Some Of The Available PR1MA Homes Located?

As mentioned above, PRIMA homes can be found in many well-developed locations throughout the country. Here’s a quick look at just some of the currently available properties (as of 13th Aug 2021) which you can apply for:

4a) Northern Region

4b) Central Region

4c) Southern Region

4d) East Coast Region

4e) Borneo Region

5) Who Is Eligible For The PRIMA 1 Malaysia Scheme?

There are several key criteria to ensure you’re eligible for the PRIMA scheme:

Be a Malaysian citizen
Have an individual or combined household income of RM2,500 – RM15,000
Be over the age of 21
Own no more than one property between you and your spouse

Compare PR1MA and other popular home schemes in Malaysia such as Skim Rumah Pertamaku, RUMAWIP, PPA1M, and more with this infographic.

6) Are There Any Fees Payable When Applying For A PR1MA Unit?

You don’t have to worry about costs when you’re first applying for a PR1MA housing. There are no charges applicable when you sign up, and no attorney fees are required.

All you have to do is register on the official PR1MA website, or go to any of PR1MA offices and sales galleries.

However, once you have been selected for a unit of your choice, there will be a booking fee of RM500 (taking effect since 1st June 2019) as a form of your commitment to purchase, and to reserve the unit until execution of the Sale and Purchase Agreement (SPA).

This RM500 will be considered part payment of the purchase price, or part of the miscellaneous payment charges (with the purchaser’s consent).

You can make the payment of the booking fee via cheque, bank draft, or money order. Do note that the amount is only refundable subject to valid reasons and with supporting documentations.

To request for a refund, all you need to do is write a request letter with relevant evidence, and send to info@pr1ma.my

If approved, it may take up to three months for you to receive the amount, which will be deposited into the purchaser’s bank account.

7) How Do I Apply For PRIMA?

The PRIMA system is designed to be simple and easy to use. Your journey begins by visiting www.pr1ma.my where you can register in either the Bahasa Malaysia or English language.

Step 1 – Registration

Visit the account registration page and fill in all fields with relevant details. This includes details such as your NRIC number, date of birth, nationality, and email address.

You’ll also be asked to provide certain required documents such as a copy of your IC and latest payslip or bank statements.

It’s free to register, and married couples are only required to register once as a couple, instead of individually. All you need to do is to include his/her spouse’s details in the registration form.

Now, once your registration is complete, you’ll receive an email to confirm.

Step 2 – Application

With the PR1MA scheme, you must only apply for specific property developments when balloting becomes open.

Registered users are notified by email of newly launched developments that fit their preferred locations.

Login using your User ID and Password once you receive the email. You can then find out more details on the projects that are open for application.

If you want to apply, simply register your interest before the noted closing date of the development. You’ll receive confirmation of your application via email.

Step 3 – Balloting

An open and transparent ballot is undertaken to assign homes from a PR1MA development to applicants. If you’re successful, you’ll be notified by email, with lists also posted on www.pr1ma.my.

Step 4 – Unit Selection

Once the verification of your successful ballot application is complete, you’ll be invited to choose a desired unit within the development. These units will provide a range of sizes at different set price costs.

If your selected unit type is over-subscribed and your application is unsuccessful, you should apply to be added to a waiting list. Here’s how you can do so:

• At the specially designated counters during unit selection day
• By visiting the PR1MA Sales Gallery at OASIS Square, Ara Damansara from Monday to Friday, 8.30am to 5:30pm
• By emailing your details to the address provided in the unit selection invitation letter you received

There is no guaranteed timescale on when a unit may become available, but you’re still allowed to apply for other PR1MA projects during this time.

You’ll be removed from the waiting list if you’re selected for another development.

Step 5 – Financing

While successful applicants are free to apply for loans from any financial institution, the PR1MA scheme does benefit from some key financial incentives and home loan offers.

End-Financing – Finance packages from selected institutions of up to 110% of SPA price for eligible buyers, with no down payment required for those who secure maximum loans.
Rent-To-Own Scheme – Open to potential buyers who were refused a loan from PR1MA’s panel banks. Applications are examined by a special committee. This scheme is currently closed with a reopening date yet to be confirmed.
Skim Pembiayaan Fleksibel PR1MA (SPEF) – Exclusive scheme for PR1MA homebuyers to provide reduced home loan payments with the benefit of a fixed interest-only payment for the first 5 years. More interestingly, the scheme offers lower monthly instalments compared to regular loan rates.
Care by Prima – Unique home insurance scheme which provides peace-of-mind insurance cover for your PR1MA home ownership.

Step 6 – Sign SPA

After successfully being chosen from a ballot, selecting a unit, and guaranteeing the appropriate financing, you’re ready to sign the SPA.

This legal contract sets out the conditions of the sale between the developer, PR1MA, and you as the homebuyer.

Step 7 – Move In!

It’s time to move in! With the SPA signed, you’re ready for the unit handover.

Homebuyers will receive a Certificate of Completion and Compliance to confirm the deal is done, and you’re now the proud owner of a new PR1MA home!

8) Here Are Some Additional FAQs About PR1MA

8a) If I reside in Malaysia, and my spouse lives overseas, are we still eligible to apply?

You are eligible to apply as long as your family household income is between RM2,500 to RM15,000.

8b) Do I register as an individual or family if I am to be married soon?

You may apply as an individual for now. However, you will need to update your profile with details of your spouse after marriage for the ballot application.

8c) How often should I update my profile?

You are required to update your profile if there is any change in the details required for your application.

8d) If I face any problems in registering, or there is a technical error on the PR1MA website, what do I do?

Kindly contact the PR1MA Call Centre at (+603) 7628 9898 from Monday to Sunday (9am to 5pm). Alternatively, you may email your enquiries to info@pr1ma.my

8e) What if I forget my username or password?

You may retrieve your username and password at https://register.pr1ma.my

Relevant Guides:

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