How much do affordable homes cost in Terengganu?

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Terengganu Affordable Homes Priced at RM20,000, PR1MA Units at RM68,000

Affordable housing units in Terengganu are being offered to residents for RM20,000 each, a significant reduction from their original construction cost of approximately RM40,000. Additionally, PR1MA homes in the state are priced at RM68,000 per unit, despite their original cost being around RM140,000.
Affordable Housing Unit Pricing and Cost

The state government is making affordable housing units available at a sale price of RM20,000. The actual construction cost for these units is estimated to be around RM40,000, indicating a substantial subsidy or cost-saving measure by the government.
PR1MA Home Pricing and Cost

In parallel, PR1MA homes, a national housing initiative, are being offered in Terengganu at a price point of RM68,000 each. These units represent a considerably higher original cost, estimated at approximately RM140,000, highlighting the difference in scale and perhaps specifications compared to the state's dedicated affordable housing.
State Constituency Allocations for Housing

To facilitate the implementation of these housing projects, the Terengganu state government has allocated RM1 million to each state constituency. This funding is intended to support the development and distribution of affordable housing within each electoral district.
Ownership Conditions for Affordable Housing

The specific conditions for owning these affordable housing units will be determined by the state government. While PR1MA homes will adhere to their established eligibility criteria, the state's own affordable housing scheme allows for bespoke terms set by the state administration.

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How much do affordable homes cost in Terengganu?

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