My cousin from Kuching plans to do just that with his PR1MA Jln Jubilee unit coz he's not interested to move to KL and work there. He's just happy staying put at his hometown.

Unless that is the hidden agenda of the gov't, which is to help the B40 and M40 income earners to step into the property investment ladder? That might translate to more votes for the ruling party in the future.

Then where are these so-called 1st time home buyers staying if they have no plans to move into the Rumawip/PR1MA/PPA1M units?

This post has been edited by DesRed: Apr 5 2018, 10:33 AM

I wonder for those who bought the lelong rumahwip/PR1MA/Rumah Selangorku/PPA1M units, are they still bound to the SPA rules of the original buyer (e.g. no sale/rent during 5 year period, rent to locals only, etc.) or will it be considered as a subsale unit where the new owner can do as he/she wishes?

This post has been edited by DesRed: Apr 6 2018, 11:32 AM

Didn't Ku Nan himself once said that it's ok to rent out the unit as long as the tenants are local (link)?

With this kind of reasoning, I wouldn't be surprised when there are a lot of wannabe investors among the owners.

10 years is an awfully long time and there will be quite a lot of uncertainties during that period. Who knows if you entered into that agreement and the owner changes his/her mind. Maybe the owner decided to move in during that time or after 10 years, just to put it up for sale.

Or you can wait for auctioned units if you're up for it. At least you'll save yourself the headache on the owner part.

Should be okay as long as you're renting them out to either your relatives or friends. Less headache compared to renting out to complete strangers.

Go figure. I still receive notifications from PR1MA and a number of times, they're still advertising the same available units in Alam Damai, Jln Jubilee and Bandar Bukit Makhota projects respectively. Heck, even the Brickfields project is dy fully sold but up till now, I have yet to see a single sign of construction on its plot of land while the ex-police quarters land adjacent to it owned by SeniLand have dy started doing the piling and foundation (contractor doing it is Pintaras, btw) 2 weeks back and is still on-going.

The host of that Pandanmas unit doesn't look poor to me if they're able to decorate it very nicely.

Always wondered if these projects are meant to help first-time home buyers or first-time investors.

More like for working adults earning between RM 2k to RM 10k and a first-time property buyer. If you ask me, I still find it hard to believe people earning the latter salary will want to buy a unit in a rumahwip, tho. The only likely scenario is that person is either living with his parents or renting a place elsewhere and wanted a unit for investment (normal rental, airbnb, etc.).

I know my wife's ex-boss, who is a department head, earns that salary but he chose a 1,150sf unit at Aurora Residences in Puchong priced at RM 5xxk. He said that he preferred that project over any rumahwip.

Thanks, but I still prefer private projects over either rumahwips or primas. Maybe can consider staying at one of those units listed in airbnb to get the feel of an area first.

But I have a hunch those 5-figure earners aren't going to stay there for long, like what bean mentioned. Most probably they'll run off to a private project with a larger layout sooner or later and either rent their unit out or turn it into airbnb.

PhD holders who just started work or only working for 1 year?

I know for a fact that the ex-boss I mentioned previously is a PhD holder and the unit he purchased at Aurora Residences is his first. Just recently married as well. The other one I know owns a terrace house together with his wife somewhere near i-City. I sincerely doubt these two are interested in getting a rumahwip even though they are eligible for it (before they bought their respective houses, that is).

Malaymail and other mainstream news outlet have already reported on renting out of these affordable projects for some time, so it has become public knowledge. Yet I don't see a huge public outcry online and in the mainstream news about it.

Probably those who objected are in the minority at best. I'd bet that if the tenants are locals, most will not even bat an eyelid. In most cases, I really doubt most homeowners of these projects will be so nosy to prod each and every individual who they bump into to ask if they are owners or tenants.