PUTRAJAYA: The National Housing Policy will be reviewed in line with the Malaysia Madani framework, says the Local Government Development Ministry.
The ministry said that through the new housing policy and more organised planning, and with the cooperation of housing agencies and developers at the federal and state levels, the government would be able to achieve the target of providing 500,000 affordable houses by 2025.
“The ministry is prepared to review existing initiatives, find new incentive opportunities and facilitate all forms of procedures in the approval of housing development to give space for active participation by private housing developers to provide affordable houses that are of quality for the people,” it said in a statement yesterday.
The ministry also said it would look into housing policies of several countries, particularly Singapore for its success in providing public housing for 80% of its eligible citizens, regardless of their race.
The ministry also planned to share with Singapore its knowledge of the development and management of affordable housing.
The new National Housing Policy will take into account the various needs of the people according to their cultures, customs, religions and scenarios of Malaysia’s multiracial society, it added.
“This is to strengthen the country’s housing development strategy based on the six core values of Madani,” it said.
On Jan 19, Prime Minister Datuk Seri Anwar Ibrahim unveiled the Malaysia Madani initiative. – Bernama
