KUALA LUMPUR: The Housing and Local Government Ministry remains committed to identifying more inclusive and flexible ways to help Malaysians own homes, in line with the government’s aspiration to ensure “shelter for all”, says Nga Kor Ming.
The Housing and Local Government Minister said the ministry has implemented various initiatives under the Affordable Housing Policy, which sets the ceiling price for affordable homes at RM300,000, subject to state housing policies.
As a result, Malaysia’s homeownership rate has now reached 76.5%, he noted.
“The ministry has introduced a pricing map for affordable housing, based on median household income by state and district derived from the Household Income and Basic Amenities Survey Report 2022.
“This mapping serves as a guide for developers and housing agencies in determining selling prices in each locality, and is accessible via the Affordable Housing Information Dashboard on the Malaysia Urban Observatory website,” Nga said in a statement yesterday.
He said that as part of ongoing efforts to boost homeownership, Perbadanan PR1MA Malaysia (PR1MA) has launched the Rumah PR1MA Kita campaign, which runs until Dec 31.
He said the campaign offers discounts of up to 25% on selected housing units with one year of free Internet, smart home device packages and full coverage of legal fees.
