Latest news with #PublicServantsHousingScheme
Daily Express
01-08-2025
- Business
- Daily Express
One million affordable homes
Published on: Friday, August 01, 2025 Published on: Fri, Aug 01, 2025 By: Bernama Text Size: PPR units: Objective to be met through various initiatives. Kuala Lumpur: A total of one million affordable housing units will be developed by the federal government, state authorities and private developers between 2026 and 2035 to provide more Malaysians with access to safe and comfortable homes, Prime Minister Datuk Seri Anwar Ibrahim announced today. Tabling the 13th Malaysia Plan (13MP) in the Dewan Rakyat, Anwar, who is also the Finance Minister, said the initiative will be implemented through a range of programmes including Residensi Madani, the Public Servants Housing Scheme, the New Home Construction Assistance Programme, the Affordable Housing Scheme and Rumah Bakat Madani. 'The government remains committed to ensuring access to quality, affordable and inclusive housing,' he said, adding that as of this year, 180,000 housing units have been completed, with another 235,000 currently under construction. Despite these efforts, Anwar acknowledged that structural issues, such as the mismatch between housing supply and demand, as well as property prices that remain beyond the reach of many, continue to pose challenges. To address these concerns, he said initiatives such as the Housing Credit Guarantee Scheme and the Rent-to-Own (RTO) programme will be expanded, enabling more low- and middle-income Malaysians to purchase homes. He added that the adoption of modern construction technologies, including the Industrialised Building System (IBS) and Building Integrated Management, will help expedite housing delivery and reduce construction costs, particularly for public housing projects. Anwar also highlighted Kota Madani in Putrajaya, a collaboration between the government and Putrajaya Holdings, as a model for future affordable housing development. The project embodies the concept of umran hadhari, which refers to urban prosperity rooted in values, ethics and sustainable development. 'This approach offers citizens not only a place to live, but a meaningful urban lifestyle that integrates progress with values, modernity with ethics and technology with humanity,' he said. The 13MP, themed 'Melakar Semula Pembangunan' (Redesigning Development), covers the period from 2026 to 2030 and aims to reform the country's socio-economic agenda in line with the Malaysia Madani framework. The plan outlines key policies, strategies and initiatives to strengthen nation-building, enhance public well-being, promote environmental sustainability, improve governance, as well as drive regional and global economic growth.
Malaysian Reserve
31-07-2025
- Business
- Malaysian Reserve
Govt to build 1m affordable homes by 2035
by HIDAYATH HISHAM ONE million affordable homes will be built nationwide between 2026 and 2035 under various public and private initiatives to improve housing access for Malaysians. Prime Minister Datuk Seri Anwar Ibrahim said the target involves contributions from the federal and state governments as well as private developers, with programmes such as Residensi Madani, Rumah Bakat Madani and the Public Servants Housing Scheme forming part of the effort. 'As of 2025, 180,000 housing units have been completed and another 235,000 are under construction by the government,' he said when tabling the 13th Malaysia Plan (13MP) in the Dewan Rakyat today. He said the government remains committed to ensuring access to quality, affordable and inclusive housing, but acknowledged persistent issues such as the mismatch between supply and demand, and house prices that are misaligned with income levels. Additional financing schemes such as the Housing Credit Guarantee Scheme and Rent-to-Own (RTO) model will also be expanded to support low- and middle-income households in buying their first homes. To address cost and speed of delivery, the government plans to accelerate the use of industrialised building system (IBS) and building integrated management across public housing projects. Anwar said projects like Kota Madani in Putrajaya, developed in collaboration with Putrajaya Holdings Sdn Bhd, will serve as a model for future affordable townships that blend urban progress with human-centred values.
Barnama
31-07-2025
- Business
- Barnama
One Million Affordable Homes To Be Built Between 2026 And 2035 Under 13MP
GENERAL KUALA LUMPUR, July 31 (Bernama) -- A total of one million affordable housing units will be developed by the federal government, state authorities and private developers between 2026 and 2035 to provide more Malaysians with access to safe and comfortable homes, Prime Minister Datuk Seri Anwar Ibrahim announced today. Tabling the 13th Malaysia Plan (13MP) in the Dewan Rakyat, Anwar, who is also the Finance Minister, said the initiative will be implemented through a range of programmes including Residensi MADANI, the Public Servants Housing Scheme, the New Home Construction Assistance Programme, the Affordable Housing Scheme and Rumah Bakat MADANI. 'The government remains committed to ensuring access to quality, affordable and inclusive housing,' he said, adding that as of this year, 180,000 housing units have been completed, with another 235,000 currently under construction. Despite these efforts, Anwar acknowledged that structural issues, such as the mismatch between housing supply and demand, as well as property prices that remain beyond the reach of many, continue to pose challenges. To address these concerns, he said initiatives such as the Housing Credit Guarantee Scheme and the Rent-to-Own (RTO) programme will be expanded, enabling more low- and middle-income Malaysians to purchase homes. He added that the adoption of modern construction technologies, including the Industrialised Building System (IBS) and Building Integrated Management, will help expedite housing delivery and reduce construction costs, particularly for public housing projects. Anwar also highlighted Kota MADANI in Putrajaya, a collaboration between the government and Putrajaya Holdings, as a model for future affordable housing development. The project embodies the concept of umran hadhari, which refers to urban prosperity rooted in values, ethics and sustainable development. 'This approach offers citizens not only a place to live, but a meaningful urban lifestyle that integrates progress with values, modernity with ethics and technology with humanity,' he said. The 13MP, themed 'Melakar Semula Pembangunan' (Redesigning Development), covers the period from 2026 to 2030 and aims to reform the country's socio-economic agenda in line with the Malaysia MADANI framework.
