Malaysia spent $1.7b on affordable housing

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malaysia apartmentsThe Malaysian government has spent $1.7 billion to build affordable homes for the people since the Eighth Malaysia Plan (from 2001), said Deputy Prime Minister Tan Sri Muhyiddin Yassin according to a Bernama report. He said the construction of the houses was the commitment and main agenda of the Barisan Nasional (BN) in ensuring the people lived comfortably and safely.

“The government has placed the agenda of providing comfortable houses for the people as an important national agenda. It is something that has to be implemented in the best possible manner because the government is aware it will enable the people to live a better life,” he said at a ceremony to hand over the People’s Housing Project (PPR) in  Sungai Manila, Jalan Labuk here on March 1.

PPR Sungai Manila has 1,000 units of houses comprising 14 blocks of five-storey flats with construction cost of RM121.700 million on a 10.591- hectare site. According to Muhyiddin, in the last general election, one of the promises made was to build one million units of affordable houses in a year. He said the promise had been realised but the government was aware that still many people in the country needed houses for them to live comfortably and safely.

He said that under the PPR system, the schemes implemented involved the sale of affordable homes or rental schemes or other schemes thought suitable to help people with moderate incomes.

At a media conference after the ceremony, the Deputy Prime Minister said the setting up of the National Housing Council (MPN) last year, chaired by Prime Minister Datuk Seri Najib Razak, was the government’s firm commitment on the provision of housing for the people. He said MPN held its first meeting two weeks ago focusing on the policy of housing development, and several housing projects which had since been implemented.

Muhyiddin said there were several targets for the council including placing the related agencies under it as a coordinating body in terms of policy and implementation of schemes for affordable homes for the people.

“The government wants to ensure the plan for building houses for the people in the next five years is in order and implemented nationwide based on several housing schemes, including the latest MyHome, PPR for civil servants and those on the low and moderate income brackets,” he said.

He was confident the setting up of MPN would enable the building of affordable homes for the people could be implemented in a better planned and orderly manner.

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Reading Time: 2 minutes

The Malaysian government has spent $1.7 billion to build affordable homes for the people since the Eighth Malaysia Plan (from 2001), said Deputy Prime Minister Tan Sri Muhyiddin Yassin according to a Bernama report. He said the construction of the houses was the commitment and main agenda of the Barisan Nasional (BN) in ensuring the people lived comfortably and safely.

Reading Time: 2 minutes

malaysia apartmentsThe Malaysian government has spent $1.7 billion to build affordable homes for the people since the Eighth Malaysia Plan (from 2001), said Deputy Prime Minister Tan Sri Muhyiddin Yassin according to a Bernama report. He said the construction of the houses was the commitment and main agenda of the Barisan Nasional (BN) in ensuring the people lived comfortably and safely.

“The government has placed the agenda of providing comfortable houses for the people as an important national agenda. It is something that has to be implemented in the best possible manner because the government is aware it will enable the people to live a better life,” he said at a ceremony to hand over the People’s Housing Project (PPR) in  Sungai Manila, Jalan Labuk here on March 1.

PPR Sungai Manila has 1,000 units of houses comprising 14 blocks of five-storey flats with construction cost of RM121.700 million on a 10.591- hectare site. According to Muhyiddin, in the last general election, one of the promises made was to build one million units of affordable houses in a year. He said the promise had been realised but the government was aware that still many people in the country needed houses for them to live comfortably and safely.

He said that under the PPR system, the schemes implemented involved the sale of affordable homes or rental schemes or other schemes thought suitable to help people with moderate incomes.

At a media conference after the ceremony, the Deputy Prime Minister said the setting up of the National Housing Council (MPN) last year, chaired by Prime Minister Datuk Seri Najib Razak, was the government’s firm commitment on the provision of housing for the people. He said MPN held its first meeting two weeks ago focusing on the policy of housing development, and several housing projects which had since been implemented.

Muhyiddin said there were several targets for the council including placing the related agencies under it as a coordinating body in terms of policy and implementation of schemes for affordable homes for the people.

“The government wants to ensure the plan for building houses for the people in the next five years is in order and implemented nationwide based on several housing schemes, including the latest MyHome, PPR for civil servants and those on the low and moderate income brackets,” he said.

He was confident the setting up of MPN would enable the building of affordable homes for the people could be implemented in a better planned and orderly manner.

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