The Government's Promise for Housing
Propwall, Photo Credit to Propwall
clock 20-08-2019
hit 272

The real estate industry has been abuzz ever since the new government under Pakatan Harapan took the reigns following the 14th General Election on May 9 last year. As speculations on how the new status quo and government policies might affect the market have essentially settled, the Ministry of Housing and Local Government is already pushing forward its set of goals in keeping its promise to the people.

This promise is listed in its website to enforce its stance. They are:



  1. Ensure quality housing for all 

  2. Improve accessibility and increase ability to own a home

  3. Ensure neighbourhood social cohesiveness and well being

  4. Improve coordination between housing and transport development for a better quality of life

  5. Strengthening institutional capacity to implement the National Housing Policy (Dasar Perumahan Negara/DRN)


Affordability is the keyword and is expected to remain so for the next 10 years as the government has targeted one million homes to be delivered within this time frame. While the government works to build affordable housing for the B40 group, it is also equally important that their living standards should also be improved, said Housing and Local Government Minister Zuraida Kamaruddin.







WHAT DO YOU FEEL ABOUT THIS?

0
LOVE
0
HAPPY
0
SURPRISED
0
SAD
0
ANGRY


COMMENTS
Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.

SIGN UP NEWSLETTER

logo
Monthly Column
The staple of your property-related materials. It's all about being ahead of the game and with The Column, you get carefully selected information that will keep you informed and running with the pack. The best news, articles and properties on the market from the Property Hunter portal, conveniently wrapped and ready, just for you.

logo
Weekly Window
Your weekly dose of what's hot and what's not in property. The window is your view into the realm of real estate in Malaysia, curated from our portal based on the most popular pieces over the week. For those who just can't get enough, this is for you. Ain't nobody got time for dailies anymore, weekly is the new daily.