JOHOR BARU: Perbadanan PR1MA Malaysia and government-owned credit guarantee agency Syarikat Jaminan Kredit Perumahan Bhd (SJKP) will collaborate to provide housing loan guarantees to PR1MA home buyers.

       The PR1MA Innovative Housing Loan Scheme would allow more Malaysians to own a home, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

       He described it as a buyer-friendly initiative that would give more opportunities for the public, especially young and middle-income people, to get a PR1MA house.

       It could also help those who have had problems securing a loan, he added.

       “This is among the important issues that was brought up during the National Affordable Housing Council recently and now, we can see the results of the meeting.”

       SJKP was also meant to back those who do not have the documents needed to apply for a housing loan, such as payslips and Employees Provident Fund statements, he said in a speech during a visit to Residensi Larkin Indah here yesterday.

       Also present were Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican and Johor Mentri Besar Datuk Seri Hasni Mohammad.

       Hasni said the PR1MA Innovative Housing Loan Scheme was in line with the state government’s effort to provide more homes for the public.

       It had set up the Perbadanan Kemajuan Rumah Johor to overcome housing problems in the state, he added.

       Through the corporation, Hasni said developers involved in people’s housing projects had been told to revert to the state government if they were unable to build the houses.

       “The state government is prepared to take the responsibility off their shoulders and build the houses for the people.

       “We have also identified about 4,900 acres (1,982ha) of land that could be developed to provide more affordable homes,” he said.

       He also said the corporation had no problems identifying those that could build houses priced at between RM100,000 and RM300,000.