National Housing Policy aims to provide cheaper, comfortable homes for B40, M40

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Housing and Local Government Minister, Zuraida Kamaruddin (centre) receiving a mock-cheque of RM250,000 from Real Estate and Housing Developers’ Association Malaysia (REHDA) president, Datuk Ir Soam Heng Choon (right) for Tabung Harapan as former REHDA president, Datuk Seri FD Iskandar Mohamed Mansor looks on. PHOTO: BERNAMA
Housing and Local Government Minister, Zuraida Kamaruddin (centre) receiving a mock-cheque of RM250,000 from Real Estate and Housing Developers’ Association Malaysia (REHDA) president, Datuk Ir Soam Heng Choon (right) for Tabung Harapan as former REHDA president, Datuk Seri FD Iskandar Mohamed Mansor looks on. PHOTO: BERNAMA

PUTRAJAYA: The National Housing Policy, which is expected to be rolled out in September, aims to provide cheaper and comfortable affordable homes for the Bottom 40 per cent (B40) and the Middle 40 per cent (M40) households, said Housing and Local Government Minister, Zuraida Kamaruddin.

She said the policy, which is being reviewed and now at the final stage, would address the definition of affordable housing, the current house price and the future building concept, size and amenities that the ministry intends to incorporate in public and private housing schemes.

“We will go with the Bank Negara’s advice on what sort of price range of homes for B40 and M40 households. I will make an announcement about it at end of September. Right now, I am in midst of putting things together for presentation.”

Zuraida said this to reporters after receiving a mock-cheque of RM250,000 from the Real Estate and Housing Developers’ Association Malaysia (REHDA) president Datuk Ir Soam Heng Choon for Tabung Harapan. Also present was former REHDA president, Datuk Seri FD Iskandar Mohamed Mansor. Last month, Zuraida was reported as saying that the review of the policy was meant to address the current oversupply situation faced by the high-end property market. — BERNAMA

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