PR1MA to be national housing corporation

11 Jan 2020 • 5:20 PM MYT
Penang Property Talk
Penang Property Talk

All you need to know for your property investment journey in Penang

image is not available

The Ministry of Housing and Local Government is planning to mould Perbadanan PR1MA Malaysia (PR1MA) into a national housing corporation to ensure a centralised and standardised housing industry for easy monitoring and enforcement, among others.

Its minister Zuraida Kamaruddin in brushing off the allegation that PR1MA would be dissolved soon said the government was looking at the way forward for the corporation where housing projects under the education and defence ministries, respectively as well as Felda’s new generation would be placed under PR1MA.

Current and upcoming PR1MA projects in Penang

image is not available

Residensi Permatang Pauh

Residensi Permatang Pauh, formerly known as PR1MA affordable housing in mainland Penang, undertaken by Excel Focus Properties Sdn. Bhd. Strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. The proposed ...
image is not available

Residensi Batu Ferringhi

Residensi Batu Ferringhi, formerly known as PR1MA affordable housing, is strategically located along Jalan Sungai Satu in Batu Ferringhi, just a stone's throw away from the Ferringhi Residence housing scheme by Mah Sing Group. This development project comprises 3 blocks of 32-storey building, offering a total 1,248 affordable units in ...
image is not available

PR1MA @ Bukit Gelugor

One of the first few PR1MA affordable housing approved in Penang. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah, undertaken by Ideal Capital Venture Sdn. Bhd. It's only less than 2km away from University Science Malaysia (USM), neighbouring communities include Centrio ...

Source: EdgeProp.my