More than 50% of PR1MA homes open for sale have been sold

PETALING JAYA (Nov 21): Perbadanan PR1MA Malaysia (PR1MA) has clarified that not all of the 141,161 PR1MA housing units that are currently under various stages of construction are open for sale.

“The PR1MA homes that are open for sale at the moment stood at 25,132 units, of which 12,640 units have been sold as at Nov 15,” it said in a statement today.

The 12,640 units, which have an estimated GDV of RM3.16 billion, represent more than 50% of the 25,132 units, it stressed.

Hence, “it is misleading to conclude that less than 10% of PR1MA units have been sold to date”, PR1MA said in response to a report in The Sun Daily on Nov 20, which stated that PR1MA has only managed to sell 11,944 units of the 141,661 units of PR1MA homes.

“Before we can sell our homes, we must first obtain approval from the authorities. Not all of the homes under constructions can be sold,” it explained.

It added that the response for its projects has been positive in key locations such as the PR1MA @ Jalan Jubilee in Bukit Bintang, Kuala Lumpur, which was oversubscribed by 27 times. A total of 224 units or 42% of the 542 units up for sale were taken up in only three days.

Looking ahead, PR1MA is targeting to sell 16,250 units by the end of the year.

“We wish to highlight that PR1MA is committed to deliver homes with lifestyle and community concepts for homebuyers from the middle-income group (M40) with a household income of between RM2,500 and RM15,000 a month.

“The availability of these projects would address the increasing demand of fairly priced quality homes in Malaysia,” it said.