One Million Affordable Houses To Be Completed By 2018

KOTA TINGGI — The government is confident of fulfilling the Barisan Nasional (BN) manifesto of building 1 million affordable houses (RMM) by 2018 said Deputy Minister of Urban Wellbeing, Housing and Local Government, Datuk Halimah Mohamed Sadique. Halimah said only 23.3 per cent or 268,018 units need to be built to complete the target because 76.7 … Read more

Perak To Ensure Affordable Houses Do Not Exceed RM 200K

PARIT BUNTAR, May 18 (Bernama) — The state government will amend its housing policy to set the price of affordable houses at not more than RM200,000, says Perak Women Development, Family, Community Welfare, Housing and Local Government Committee chairman Datuk Rusnah Kassim. She said at the same time, the amendment if passed, would also compel … Read more

Slowdown In Property Loans But Demand Still Strong For Cheaper Homes

THE slowdown in the local property market saw loans approved to the sector last year drop marginally. According to National Property Information Centre’s (Napic) 2015 Property Market Report, total loans to the property sector grew 2.6% during the quarter ended December 2015, a drop from the 4.3% in the previous corresponding period. Of this, loans … Read more

‘Help Govt To Fulfil Affordable Homes Target’

KUALA LUMPUR: Developers have been encouraged to build more affordable homes to assist the Government to achieve its target of building one million affordable homes within five years. Prime Minister Datuk Seri Najib Tun Razak said the majority of units would be built by the Government under the 1Malaysia People’s Housing Scheme and 1Malaysia Civil … Read more

Sarawak To Build 9,185 Units Of Quality Affordable Homes By 2019

KUCHING, Mac 3 (Bernama) — Sarawak targets to build 9,185 units of quality affordable homes under eight development projects by 2019. Its Housing Minister Datuk Amar Abang Johari Tun Openg said his ministry was cooperating with the state Housing Development Commission, Perbadanan PR1MA Malaysia (PR1MA) and local developers to build them. Speaking at a news … Read more

National Housing Department Never Offers K1MMM To Public

PUTRAJAYA, March 3 (Bernama) — The Urban Wellbeing, Housing and Local Government Ministry through the National Housing Department (JPN) has never offered the 1Malaysia Affordable Housing Scheme (K1MMM) to the public. JPN director-general Datuk Mohamad Yusoff Ghazali said the bogus scheme offered by Serata Prima Sdn Bhd was using the logos of the ministry, the … Read more

1.24 Million People Have Registered For PR1MA Houses

KUALA LUMPUR, Feb 23 (Bernama) — A total of 1.24 million people have registered for ownership of affordable houses under the Perbadanan PR1MA Malaysia programme, said its chief executive officer Datuk Abdul Mutalib Alias. He said 90% of the applicants were below the age of 40, unmarried singles (47% ), married (49%) and divorcees (4%). … Read more

Penang Government Rebrands Low-Cost And Medium-Cost Housing

GEORGE TOWN, Jan 19  — The DAP-led Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B. With the rebranding, low-cost houses costing RM42,000 each will now be known as affordable housing type A and medium-cost houses priced at RM72,500, as affordable housing type B. State Housing, … Read more