If I buy Pr1ma house can rent for other or not?
The Gov will check the owner whether got stay there or not?
If I got 1 property before, then when I get approve from pr1ma house, I need to sell the previous house or not?

After 5 years if not mistaken...

you got 1?

Prima house cannot be sell nor rent for 10 years
if got caught , authority have the right the take back the house

PR1MA is for first time buyers to own stay, it is not for investors so leave it be. There are other properties for investment

why keep asking this question haiz. rule made but ppl still wanna break it hopefully can get away. then blame authorities.

The first house is for parent stay. the Pr1ma house is own stay and want rent it out another room to cut it down the loan, wish can save it more. No one want to break the rules, is the investor make us do like that.

I saw the application form is able for got not more than 1 property unit person.

This post has been edited by handsome max: Jun 29 2015, 11:35 AM

if you want to rent out one room....who will know? say he is your boyfriend will do loh

Primahouse is for first time buyer. Period.

Taking risk, later get caught don't cry lor. Period.

hahaha really stunned to TS question..

PR1MA house for own stay only..

TS can take risk by renting, but if some neighbour butthurt complaint.. then

dont be crybaby and blame investors ok. every country has investors and thats how the country moves forward and net worth increases. if u wish houses forever 200k per 1000sqft, well, no wonder people call us treehouse dwellers...

as said above, pr1ma meant for own stay period. want to rent out rooms to cover cost buy normal apartment, still plenty in KV.

anyway my personal doubt on pr1ma: it is not controlled by housing ministry, or state govt or any majlis. directly under PM department. very risky for me considering the current... climate. i also wanted to apply one for my own stay but thought abit too risky.

The best rule for PR1MA is that if owner is renting, unit will be forfeited and sold to tennant.

All tenants will want to report and owner will not dare to rent

But that's just me.

that does sound good, IF got enforcement.

but if like what ts say , he still staying there and rent out 1 room for tenant to reduce his loan repayment ,
for me still acceptable since ts still staying there , while just wanna reduce his monthly commitment so that's why rent out one room .

shall be fine , as long you're not rent out whole unit . people butthurt surely go report u one . haha

Usually there is a legal document involves, say Tenancy Agreement (TA).
Government can trace the renting transactions via Tenancy Agreement submitted for stamping.

Real estate agents also need to submit the rent and sales transactions to the authority every month. Everything is traceable. The next question is how strict the enforcement only.

TA protect the landlord/ tenants right with all the Do and Don't.

This post has been edited by cheahcw2003: Jun 29 2015, 01:44 PM

prima houses actually got potential better living environment than med-class condo (500~600k), med-class condo always for investment use and renting to black or chick , almost 70% for rent out.. the living environment become zapelang.

sorry but i disagree.. coz this affordable housing shld be for ownstay + family. if need to rent means TS doesnt need the space and shld apply smaller unit. if u see singapore, one old aunty (family all pass away or move out) rented some rooms in her hdb out and end up the unit was confiscated by hdb authority. she claim unable to pay the loan without rent out, ruling was she shld hv apply downgrade to smaller unit. sad part was she was so upset she commited suicide....

no choice , who knows after 5 yrs TS lost his job and couldn't afford stay alone in such big house (3Room)
he HAVE to rent out 2 rooms to others , and i don't think government or any council can stop him or giving him saman or whatever . and i don't think government can take back the unit after TS 5 years stay .

it could be not only could be happen on TS , it could be happen on every pr1ma buyer .

http://www.pr1ma.my/register.php?lang=en

NOTE

• Additional state guidelines may apply.
• Selection of successful home owners and allocations of PR1MA house units will be carried out through an open balloting process.
• A 10-year moratorium will be imposed, during which the property cannot be sold or transferred to another party without prior approval from PR1MA.
• PR1MA homes must be owner-occupied. No sub-letting will be allowed.

excuses excuses... no money then stay back with parents.

typical malaysian mentality... if you're not caught you're doing it right.. that is why we got so many songlap.

aiya just one example ma , ofcoz every people will trying to avoid this kind of things happened .
while i believe there must be some owner couldn't really afford the repayment after sometimes .

it hurts but so true

kah kah ....

I think can.. you sendiri cari lubang.
My friends beli and tend to rent out

Well this's Malaysia, boleh land.

**please don't bash me... I think at least more than half of buyers is flipper, maybe they like to flip ramli burger. Who knows.

This post has been edited by heavensea: Sep 23 2016, 05:07 PM