Under the PR1MA (1Malaysia People’s Housing Project), the people of Cameron Highlands will now be able to enjoy more affordable properties. Construction of 2,000 low-cost apartment units under the PR1MA prject has already started in Tanah Rata where the ground-breaking ceremony was held some time ago.
Datuk Seri G Palanivel, the Member of Parliament for Cameron Highlands launched the project then which consisted of homes for the lower income group. This is to facilitate homebuyers who cannot afford properties in Cameron Highlands which have already risen to RM600,000 per unit.
Low cost apartments for Cameron residents
Besides Cameron Highlands, PR1MA is provided for residents in other states which include Larkin in Johor, Bukit Gelugor in Penang, Seremban Utara and Cheras in Kuala Lumpur while in Pahang, Kuantan is included as well.
The developer of the PR1MA project in Cameron Highlands is Fern Valley Sdn Bhd which besides Tanah Rata has similar low-cost residential units in other major towns like Brinchang as well as in Kampung Raja, all of which are catered for those who are eligible for this scheme, meeting the minimum requirements stipulated.
With the PR1MA housing scheme, more people from Cameron Highlands will now be able to own their own homes. For Cameron Highlands, the PR1MA housing scheme come in 3 types namely, Type A, B and C. Construction of apartments in Tanah Rata had begun months before the launch and is expected to complete around 2016.
Pr1ma projects for Brinchang and Kampung Raja
The PR1MA housing project will be available through Type A units which are priced 30% below the market rate while Type B units are homes that are around the RM200,000 bracket. Meanwhile, Type C units are the most affordable which involves low-cost apartments priced around the RM120,000 bracket.
Government servants who are interested to own the low-cost apartments in Type B will be able to enjoy a 10% discount from the offered price. Generally, the average price per unit is about RM200,000 and is targeted for Malaysians who are between the RM2,500 and RM7,500 income group. The PR1MA housing scheme is an initiative to help some 4.6 million Malaysians who are earning below RM3,000 per month in the country.