Good Articles to Share
Households earning RM15k monthly now eligible for PR1MA homes
SUNGAI PETANI: Prime Minister Datuk Seri Najib Razak today announced that the household monthly income eligibility for PR1MA homes will be increased from RM10,000 to RM15,000, to enable more middle-income earners to own their first home.
Najib also announced that the moratorium on renting and selling imposed on PR1MA house buyers will be slashed from 10 to 5 years to increase the scheme's marketability.
He announced the two changes in the Perbadanan PR1MA Malaysia policy during his speech at the first PR1MA community meet & greet session in Sungai Petani today.
Najib reiterated government's commitment towards building affordable housing for the rakyat nationwide.
"The policy changes are in addition to my announcement while tabling the 2017 Budget in October on special end-financing scheme, which has significantly increased the financing eligibility of home buyers," he said.
http://www.nst.com.my/news/2017/01/204844/households-earning-rm15k-monthly-now-eligible-pr1ma-homes
More articles on Good Articles to Share
Some investors demand change at LVMH after probe into Dior contractors
Created by Tan KW | Jul 23, 2024
US existing home sales slump in June; median price hits record high
Created by Tan KW | Jul 23, 2024
US spot ether ETFs make market debut in another win for crypto industry
Created by Tan KW | Jul 23, 2024
French leftists announce legislative steps to scrap Macron's pension reform
Created by Tan KW | Jul 23, 2024
Kenya police fire tear gas to stop scuffles between pro and anti-government groups
Created by Tan KW | Jul 23, 2024
Some investors demand change at LVMH after probe into Dior contractors
Created by Tan KW | Jul 23, 2024
Coca-Cola lifts annual forecasts as price hikes fail to dampen soda demand
Created by Tan KW | Jul 23, 2024
Discussions
Be the first to like this. Showing 4 of 4 comments
Because those PRIMA homes can't be affordable by those low income earners and the banks didn't give loans to these categories of borrowers and hence the house open up to other categories of buyers.
2017-01-17 15:21
RM 15,000 household income NOW eligible for PRIMA1 homes. ordinary people earning RM 5000 where got chance ? Banks will favour those > Rm 10,000 - 15,000 income bracket
2017-01-17 16:28
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
BFM Podcast
2
Koon Yew Yin's Blog
3
CGS-CIMB Research
Genting Plantations - Proposed Land Acquisition in Indonesia
5
save malaysia!
6
Koon Yew Yin's Blog
7
南洋 - 凭单专栏/温世麟
8
save malaysia!
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Beerbeer88
another way to help take up rate for the "developer friend". PR1MA never serve the purpose anymore. Another year it will for monthly income below 50K
2017-01-17 15:15