eligibility - commercial

Review our commercial units here and submit your interest.

Next, you may start choosing your preferred commercial unit and contact our appointed Sales Partners for more information and to proceed with booking. Please prepare the deposit of 2% from Purchase Price in the form of bank draft or cheque to;

PERBADANAN PR1MA MALAYSIA ("PR1MA"); or
PR1MA DEVELOPMENT SDN BHD ("PDSB") for Sarawak projects.

Deposit Payment

• You must submit proof of payment (copy of cheque entry slip into the relevant bank) to PR1MA or PDSB on the date of receipt of the Offer to Purchase.

• All payment of deposit(s) shall form as part payment of the Purchase Price.

• The Offer to Purchase shall be cancelled automatically if the deposit of 2% from thePurchase Price had not been received by PR1MA or PDSB for any reason whatsoever within fourteen (14) days from the date of receipt of the Offer to Purchase.

• You are required to obtain a loan to finance the purchase of this commercial unit within fourteen (14) days from the date of the Offer to Purchase being issued.

• Signing Sale and Purchase Agreement.
  You are required to sign the SPA within fourteen (14) days from the date of the loan offer letter being issued.

Prepare the necessary documents and submit the loan application to your preferred Financial Institution(s).

Please be advised of the following:

• Bank Loan - Approval is estimated to be within one (1) month from the date of booking.

• Government Loan (LPPSA) - Approval is estimated to be within two (2) months from the date of booking.

• Please contact your chosen Financial Institution for more information.

Within 14 days from the date of the loan offer letter, you will be invited to sign the SPA with the appointed lawyers and pay a further deposit of 8% from the Purchase Price.

The sales and purchase of the commercial unit will be automatically cancelled should you fail to obtain any financing within the stipulated time without any prior notice from PR1MA or PDSB and without any proof of loan rejection from any financing institution, a Handling Fee of RM2,000 will be deducted from the 2% deposit paid and the balance shall be return to you when all the necessary documentation and handling are resolved.

You are obligated to notify PR1MA or PDSB in writing or via email should there be any issues to sign the SPA or there is a delay in loan or financing application to avoid cancellation or any unnecessary complications.

Save and except as provided above, the Handling fee of RM2,000 shall be imposed should there be any cancellation by you before the SPA is signed.

Purchase cancellation is subject to terms and conditions.

The manner of delivering Vacant Possession shall be in accordance to the terms of the SPA.

Please take note that Projects sold after obtaining a Certificate of Completion and Compliance (CCC) will have a Defect Liability Period (DLP) which is either limited or has expired. For completed units, purchasers are advised to inspect the selected unit before execution of the SPA as the sale shall be on 'as is where is basis'.