DESPITE the challenges arising from the current Covid-19 pandemic, the Government remains committed to provide comfortable and quality housing for Malaysians through allocations in Budget 2021.
Of the RM5.368bil allocation given to the Housing and Local Government Ministry, a provision of RM1.2bil will go towards building homes, repairing homes and maintaining homes while increasing homeownership for the lower income segment through several measures.
People’s Housing Project (PPR)PPR will get an injection of RM520mil for the construction of more than 14,000 low-cost housing units spanning across 37 projects.
This includes 35 PPR projects, one integrated PPR project and one Penyediaan Hak Milik untuk PPR project.
Rumah Mesra Rakyat (RMR)A total of RM315mil is set aside for 3,000 housing units to be developed by Syarikat Perumahan Negara Bhd (SPNB) and to support financial loan matters of homeowners.
This programme was created to help those eligible from the low-income group who do not own a house but have land to build their own house.
Those interested can visit www.spnb.com.my for more details.
Maintenance and repair workRM125mil will be channelled to fund maintenance programmes for low-cost and low-medium stratified housing, as well as repair work on dilapidated houses and homes damaged by natural disasters.
These works will be done via several initiatives.
Aimed at providing comfortable and quality housing, the Malaysia Home Maintenance Fund (TPPM) is intended to assist joint management bodies or management corporations to repair and maintain low-cost and medium-cost stratified houses while the Housing Maintenance Programme (PPP) funds the works of low-cost public housing under the purview of the Ministry and state authorities.
The funding schemes could be used for repairing and replacement of staircases and handrails, faulty water tanks and reticulation system and roofing, as well as other damaged basic infrastructure in common areas.
The funds also cover maintenance and replacement of lifts and sanitary pipes, as well as repainting of buildings and fences in the area.
For 2020, RM86.6mil was utilised on 501 housing maintenance projects, while 64 housing maintenance projects are expected to benefit some 25,600 residents in 2021 under the TTPM.
Under PPP, there will be 54 housing maintenance projects in 2021, which is expected to benefit 21,600 residents.
Meanwhile, other financial assistance programmes include helping to repair dilapidated houses of selected B40 households in urban areas so they can live in safe and comfortable housing.
Civil Servants Housing Programme (PPAM)In its continuous effort to help government servants purchase their own house, PPAM has been given an allocation of RM310mil for 110 projects across the country next year.
The affordable housing scheme for government servants was launched in 2013 to enable those eligible, especially the low and medium income earners, to purchase homes in major towns.
Those interested can visit www.ppam.gov.my for more details.
Rehabilitation and maintenanceA total of RM6.6mil has been allocated for rehabilitation and maintenance work involving abandoned private housing projects under the National Housing Department, which include the sewage treatment plant (STP) in three private housing projects that focus on designing, building, repairing and completing STP and sewer pipes.
Rent-to-own schemeIn addition, the Government is working with selected financial institutions to provide the rent-to-own (RTO) scheme. The programme, which will be implemented until 2022, involves 5,000 PR1MA houses with a total value of over RM1bil and are reserved for first-time home buyers.
The Ministry also suggested that the RTO scheme be extended to other housing initiatives under the Government namely the People’s Housing Project (PPR) and Malaysia Civil Servants Housing Programme.
For more details on the initiatives, visit www.kpkt.gov.my or www.pr1ma.my
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