Prime Minister Najib Tun Abdul Razak
Prime Minister Datuk Seri Najib Tun Razak will discuss low-cost housing issues prominently in Budget 2013 as he is very concerned about the matter, according to Datuk Seri Chor Chee Heung, Housing and Local Government Minister.
"I don't know what is he going to say, but he will say something in the budget to show his concern regarding the issue," he revealed.
In the meantime, Chor said that his ministry is preparing a list of issues and measures as well as recommendations about the issue, which will be presented at the Cabinet meeting next week.
The ideas came from three seminars and roundtable discussion with stakeholders that includes the house buyers associations, architects associations and the Real Estate and Housing Developers' Association Malaysia (REHDA).
"For example now those with monthly income of RM3,000 to RM7,000, it is difficult for them to buy houses because they are not affordable enough and the most they can go is for houses priced not exceeding RM400,000," noted Chor.
He added, "To buy a house which costs RM400,000 maybe they have to go a great distance from their workplace. Hopefully the government could come in fast enough to help alleviate this situation."
In addition, Chor noted that the government's initiative on low-cost housing has started with the 1Malaysia Housing Programme (PR1MA) which offers houses costing RM120,000 to RM300,000.
"The ministry also has been helping the federal government to provide public housing to those who earn a household income of a maximum RM2,500 a month," said Chor, adding that the ministry has delivered accomplishments such as Sabah's public housing, but there is still more to be done.
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Related Stories:
Four states agree to provide land for low-cost houses: DPMM
Change housing quota from low-cost to medium-cost: Chor
Push for 'affordable' instead of low-cost homes: REHDA
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