Zuraida: PR1MA due diligence report ready by next month


THE due diligence report to chart the future direction for the 1Malaysia People’s Housing (PR1MA) scheme will be completed latest by next month, said Housing and Local Government Minister Zuraida Kamaruddin (picture).

For this purpose, a three-day retreat began yesterday for members of the corporation led by PR1MA chairman Tan Sri Eddy Chen Lok Loi to discuss projects to be focused on and seek ideas to solve PR1MA housing problems.

“In the last year, the PR1MA members have been studying and reviewing the 94 PR1MA projects in efforts to categorise them according to priority and assessed risk.

“In general, we will resolve those with low risks which will generate returns to help us cover the high-risk projects,” she told reporters after a town hall session with PR1MA staff, which was also attended by Chen and PR1MA acting CEO Mohd Nazri Md Shariff.

Zuraida added that the 94 projects involved 94,000 residential units nationwide.

Elaborating further, Zuraida said PR1MA would not be dissolved, but would continue to operate as usual to provide affordable homes to the people.

She said 14,000 bookings for affordable homes have been received after the Home Ownership Campaign was extended to the end of this year, and thus, more unsold PRIMA housing units would be taken up.

When Pakatan Harapan took over the government, she said, the ministry gave PRIMA two years to resolve its housing issues.

“After one year, PR1MA managed to solve 50% of the problems (it) faced and I am confident the remaining 50% would (eventually) be resolved,” she said, adding that PRIMA liabilities had been reduced to RM12 billion from RM23 billion.

From its inception to June this year, 12,999 PRIMA housing units have been constructed and completed. — Bernama