Housing and Local Government Minister Zuraida Kamaruddin announced plans to mould PR1MA into a national housing corporation. Such an organisation is caught between a rock and a hard place as it needs to resolve the conflicting aims of social housing with the commercial realities of making enough money for it to be self-funding. The problem is that a self-funding property venture may need to sell homes at market prices, the very thing that drives homes out of the reach of many. 

Presented by: Shou Ning Wong, Lyn Mak, Julian Ng

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Categories:  Politics,  Law and Legal Matters,  Property,  Investments

Tags:  house,  pr1ma,  goverment,  malaysia,  property,