KUALA LUMPUR: The Ministry of Housing and Local Government (KPKT) said that as of June 30, 2024, a total of 346,417 affordable housing units have been built, representing 69.3 per cent of the 500,000-unit target set under the 12th Malaysian Plan (12MP).

KPKT secretary general Datuk M Noor Azman Taib attributed this achievement to the collaboration between federal and state housing agencies, especially Perbadanan PR1MA Malaysia (PR1MA), along with private developers.

"In building a prosperous, harmonious, and safe community with access to public facilities, the National Affordable Housing Policy has been developed to guide all parties towards achieving this agenda, with the target of providing sufficient affordable and high-quality houses nationwide to meet Malaysians' needs by 2028."

"All stakeholders in affordable housing supply, including the federal government, state government, and private property developers, should integrate to ensure the property market is balanced as well as boost affordable housing," he said at the launch of the Giga PR1MA Homes campaign in Ipoh.

Speaking on behalf of Minister Nga Kor Ming, he noted that as of Aug 30, 2024, PR1MA is overseeing 88 projects nationwide at various stages of construction, comprising a total of 54,137 units, with 40,686 of them already sold.

In Perak alone, he said that there are 15 projects with a total of 7,631 residential units, of which 679 units are ready for sale.

Launched by PR1MA, the main affordable housing agency under KPKT, the campaign runs from Sept 28, 2024, to Jan 31, 2025, and aims to encourage home ownership nationwide.

This four-month campaign offers Malaysians the opportunity to own PR1MA homes, with 61 projects comprising 2,785 units in various locations around Malaysia.

PR1MA chairman Datuk Azrulnizam Abdul Aziz said homebuyers can enjoy a variety of attractive promotions during this period, including home financing of up to 120 per cent by Syarikat Jaminan Kredit Perumahan Bhd (SJKP), financing interest rates from 3.8 per cent, exemption from legal fees for sale and purchase agreements, as well as special rebates.

He added that PR1MA offers a free Internet subscription for two years, as well as a smart home device package worth RM6,500. Additionally, the first 200 bookings will receive a special gift.

"The Giga PR1MA Homes Carnival and the Giga PR1MA Homes Campaign launched today are part of PR1MA's efforts and commitment to ensure that Malaysians can have high-quality homes at affordable prices in a holistic community.

"We at PR1MA believe that all Malaysians have the right to live in a quality and conducive home, surrounded by a harmonious and sustainable community," Azrulnizam said.

This campaign will continue with various events and promotional tours in several locations throughout Malaysia, including Kampar, Senawang, Seremban, Kajang, and Melaka.