
Johor introduces RPJ initiative for rural B40 group
ISKANDAR PUTERI: The Johor government has introduced the Rumah Prihatin Johor (RPJ) initiative to benefit the rural B40 group, starting this year.
State Housing and Local Government Committee chairman Datuk Mohd Jafni Md Shukor said the initiative is specifically designed for B40 individuals who are not listed under the e-Kasih database but still require support to own affordable homes on their own land.
He said the RPJ unit, which has a built-up area of 660 square feet and comes with three bedrooms and two bathrooms, is priced at RM86,000. The state government will provide a RM30,000 subsidy, while the remaining RM56,000 will be borne by the programme participants.
'Applicants must be 21 years old and above, married, and both the applicant and spouse must be Malaysian citizens.
'The applicant's household income must not exceed RM5,000, and neither the applicant nor their spouse should own a house or have received any housing aid or construction approval from any quarters such as the Johor Islamic Religious Council, district offices, Rural and Regional Development Ministry, ICU, Syarikat Perumahan Negara Bhd and the Prime Minister's Department,' he said.
He was responding to a question from Mohd Yusla Ismail (BN-Senggarang) on housing assistance for Johor's rural communities during the state assembly sitting in Kota Iskandar here today.
Mohd Jafni said the pilot project would be carried out in Kluang and Kulai, with 10 units each.
'If this pilot project proves successful and receives an encouraging response, the state government will expand it to other districts, particularly in constituencies that still lack Johor Affordable Housing (RMMJ) development.
'To date, the state government has received 20 applications, with six approved in Felda Inas, Kulai,' he added.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Star
31 minutes ago
- The Star
Bursa Malaysia ends slightly lower tracking regional markets
KUALA LUMPUR: Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.08 per cent, or 1.33 points, to 1,516.79 from Thursday's close of 1,518.12. The benchmark index opened at 1,516.91, less 1.21 points, and moved between 1,513.39 and 1,518.71 throughout the trading session. Market breadth was negative, as decliners outnumbered gainers 478 to 325. A total of 529 counters remained unchanged, with 1,014 untraded and 20 suspended. Turnover dropped to 1.92 billion units worth RM1.66 billion compared with Thursday's 2.42 billion units valued at RM2.27 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng told Bernama that key regional indices ended mixed as investors remained cautious, awaiting further signals on trade negotiations between the United States (US) and key regional players, especially China. Besides, he said that the weak performance on Wall Street overnight hurt market sentiment globally. Meanwhile, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the FBM KLCI posted a marginal decline, despite Thursday's notable technical rebound, which helped cushion broader losses. He said gains were concentrated mainly in select index constituents, supported by short-term technical recovery and renewed optimism surrounding data centre-related themes. However, foreign investors continued to pare down their holdings in Malaysian equities, marking a third consecutive week of net selling. Additionally, although US President Donald Trump described his phone conversation with President Xi Jinping as "very good', the remarks failed to lift sentiment meaningfully. Asian markets closed mixed, with major Chinese indices ending in negative territory, highlighting persistent investor caution amid unresolved geopolitical and macroeconomic headwinds. Meanwhile, risk sentiment on Wall Street was briefly pressured by a public feud between Trump and businessman Elon Musk, centred on threats to revoke Musk's government contracts. "At this stage, we view the issue as isolated, with limited impact on the broader technology sector in both the US and Malaysian markets,' said Mohd Sedek. Among the heavyweights, Petronas Chemicals shed 11 sen to RM3.25, Press Metal Aluminium eased 7.0 sen to RM4.96, 99 Speed Mart Retail slid 2.0 sen to RM2.09, RHB Bank reduced 5.0 sen to RM6.35, and Petronas Dagangan fell by 14 sen to RM21.00. Among the most active stocks, MYE added 1.5 sen to 94.5 sen, Tanco and Gamuda rose 3.0 sen each to RM1.03 and RM4.77, respectively, KPJ dropped 3.0 sen to RM2.75, and Signature Alliance Group gained 1.0 sen to 71 sen. On the index board, the FBM Emas Index weakened 7.49 points to 11,355.34, the FBMT 100 Index cut 4.67 points to 11,123.69, but the FBM ACE Index gained 1.18 points to 4,519.32. The FBM Emas Shariah Index gave up 11.52 points to 11,329.22, but the FBM 70 Index recovered 13.26 points to 16,296.57. Sector-wise, the Financial Services Index fell 31.26 points to 17,708.31, and the Industrial Products and Services Index was 1.32 points lower at 150.80. However, the Energy Index rose 9.84 points to 718.45, and the Plantation Index grew 33.47 points to 7,252.85. The Main Market volume narrowed to 964.07 million units valued at RM1.46 billion compared to Thursday's 1.16 billion units worth RM2.00 billion. Warrants turnover dwindled to 706.23 million units worth RM98.53 million from 898.22 million units valued at RM114.39 million yesterday. The ACE Market volume declined to 249.20 million shares, valued at RM105.00 million, compared with 361.18 million shares worth RM153.86 million previously. Consumer products and services counters accounted for 123.80 million shares traded on the Main Market, industrial products and services (164.82 million), construction (86.55 million), technology (154.08 million), SPAC (nil), financial services (54.91 million), property (133.50 million), plantation (8.96 million), REITs (14.57 million), closed-end funds (4,000), energy (79.64 million), healthcare (48.05 million), telecommunications and media (39.11 million), transportation and logistics (17.48 million), utilities (38.55 million), and business trusts (1,000). - Bernama


The Star
31 minutes ago
- The Star
Bursa Securities publicly reprimands Meridian, levies RM350,000 fine on five directors
KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Meridian Bhd and five of its directors for breach of the Bursa Malaysia Securities Main Market listing requirements. In addition to the public reprimand, executive director and CEO Datuk Yap Ting Hau was fined RM100,000. Executive director Tang Boon Koon was also fined RM100,000 while three independent non-executive directors and audit committee members - Mark Chew Shin Yong, Ng Kok Hok and Kunamony S. Kandiah - were each fined RM50,000. In a statement, the stock exchange said Meridian was publicly reprimanded for breach of paragraph 8.03A(3)(a) read together with paragraphs 8.03A(2)(b) and 8.03A(7)(b) of the Main Market listing requirements. It said the company had failed to make an immediate announcement that the company had an insignificant business or operations upon announcement of the unaudited quarterly report for the financial period ended (FPE) June 30, 2023 (QR4 2023), on Aug 29, 2023. "In this regard, Meridian had an insignificant business or operations based on the QR4 2023 where the company's revenue of RM2.738mil on a consolidated basis represented 0.93% of the company's share capital of RM294.021mil as at June 30, 2023." It said Meridian only made the first announcement on Sept 26, 2023, after a delay of 28 days. The five directors had breached paragraph 16.13(b) of the Main Market listing requirements for permitting Meridian to commit the breach. Bursa Malaysia Securities said the breach was viewed seriously as the first announcement was crucial to shareholders and investors as it related to Meridian's level of operation to warrant continued trading or listing. "There would be possible suspension and de-listing if Meridian fails to regularise its level of operations within the timeframes prescribed in paragraph 8.03A of the Main Market listing requirements. "Hence, information pertaining to triggering of paragraph 8.03A of the Main Market listing requirements is significant to the market and timely disclosure is important towards facilitating informed investment decision."


New Straits Times
an hour ago
- New Straits Times
Bursa Malaysia ends slightly lower tracking regional markets
KUALA LUMPUR: Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 0.08 per cent, or 1.33 points, to 1,516.79 from Thursday's close of 1,518.12. The benchmark index opened at 1,516.91, less 1.21 points, and moved between 1,513.39 and 1,518.71 throughout the trading session. Market breadth was negative, as decliners outnumbered gainers 478 to 325. A total of 529 counters remained unchanged, with 1,014 untraded and 20 suspended. Turnover dropped to 1.92 billion units worth RM1.66 billion compared with Thursday's 2.42 billion units valued at RM2.27 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng told Bernama that key regional indices ended mixed as investors remained cautious, awaiting further signals on trade negotiations between the United States (US) and key regional players, especially China. Besides, he said that the weak performance on Wall Street overnight hurt market sentiment globally. Meanwhile, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the FBM KLCI posted a marginal decline, despite Thursday's notable technical rebound, which helped cushion broader losses. He said gains were concentrated mainly in select index constituents, supported by short-term technical recovery and renewed optimism surrounding data centre-related themes. However, foreign investors continued to pare down their holdings in Malaysian equities, marking a third consecutive week of net selling. Additionally, although US President Donald Trump described his phone conversation with President Xi Jinping as "very good", the remarks failed to lift sentiment meaningfully. Asian markets closed mixed, with major Chinese indices ending in negative territory, highlighting persistent investor caution amid unresolved geopolitical and macroeconomic headwinds. Meanwhile, risk sentiment on Wall Street was briefly pressured by a public feud between Trump and businessman Elon Musk, centred on threats to revoke Musk's government contracts. "At this stage, we view the issue as isolated, with limited impact on the broader technology sector in both the US and Malaysian markets," said Mohd Sedek. Among the heavyweights, Petronas Chemicals shed 11 sen to RM3.25, Press Metal Aluminium eased 7.0 sen to RM4.96, 99 Speed Mart Retail slid 2.0 sen to RM2.09, RHB Bank reduced 5.0 sen to RM6.35, and Petronas Dagangan fell by 14 sen to RM21.00. Among the most active stocks, MYE added 1.5 sen to 94.5 sen, Tanco and Gamuda rose 3.0 sen each to RM1.03 and RM4.77, respectively, KPJ dropped 3.0 sen to RM2.75, and Signature Alliance Group gained 1.0 sen to 71 sen.