Home    PR1MA slams claims of being a failure

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Perbadanan PR1MA Malaysia, the agency tasked to plan, construct and maintain homes for mid-income households through 1Malaysia People’s Housing Programme (PR1MA), has slammed claims that the scheme is a failure, reported The Sun Daily.

Describing the scheme as a ‘total failure’, REI International Holding Sdn Bhd CEO Dr Daniele Gambero said PR1MA failed to deliver homes at the right value in the right places.

Armani Media Sdn Bhd managing director K.K. Chua, on the other hand, claimed that only 10 percent of the 500,000 homes targeted by PR1MA were approved. He also noted that the projects were also located in ‘far-flung’ areas.

In refuting these claims, Perbadanan PR1MA Malaysia said it understands affordability in areas where the scheme is present as well as the demand for market homes for mid-income households.

“We undertake demand analysis, using location preference data given by our registrants, which number 1.2 million people to date. Our product matches the demand at the location of our projects. We cannot stress enough that PR1MA projects to date are in locations where PR1MA homes are in demand by middle-income Malaysians nationwide,” explained the agency.

In fact, the Members of Corporation, a panel that oversees the operations of the agency, had approved 232,807 units from 190 projects or around 97 percent of its three-year mandate of 240,000 units.

Moreover, 67,435 units of the 190 projects approved are in various stages of construction, while 883 units have already been delivered.

“It is vital for PR1MA to maintain the momentum it has achieved in building 500,000 homes for the middle-income group. Having reached a considerable milestone thus far, we aim to progressively continue attaining our next benchmark,” it said.

“While PR1MA has recorded significant progress during its short time in existence, we remain mindful that there is much to be done to ensure we achieve our mandate.”

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