PROMOTING AFFORDABLE HOUSING

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PROMOTING AFFORDABLE HOUSING por Mind Map: PROMOTING AFFORDABLE HOUSING

1. Syarikat Perumahan Negara Berhad (SPNB).

1.1. 2016 -RM 200 million will be allocated -Government subsiding up to RM 20 000 per unit for People's Friendly Home (PMR) project

1.2. 2017 - same as budget 2016

2. Stamp duty exemption be increased to 100% on instrument of transfer and housing loan instrument

2.1. 2017- limited to houses with the value up To RM 300 000 for first home buyer only. Effective from 1 January 2017 - 31 December 2018.

2.2. 2016- no allocation provided

3. People's Housing Programme (PPR)

3.1. 2016- an allocation of RM 863 million to KPKT. Build 22 300 units of apartments and 9800 units of terrace houses

3.2. 2017- allocation of RM 134 million to KPKT to build 9850 houses

4. Department of Orang Asli Development

4.1. 2016- Allocate RM 60 million for building houses for the orang asli community

4.2. 2017- Allocate RM 350 million to build and refurbish 17 000 units of houses in remote village and Orang Asli settlement

5. PR1MA

5.1. 2016 - PR1MA with an allocation of RM 1.6 billion from government to build 175 000 houses which sold at 20% below market price.

5.2. 2017 - New special scheme, accessible the buyer with loan up to 90% to 100% with loan rejection rate to be reduced drastically

6. GLCs build affordable houses in the vicinity of the MRT station in Bnadar Kwasa Damansara

6.1. 2016- Kwasa Land owned by EPF will build 800 units of houses and Sime Darby Property will build 4600 units of houses at Bandar Kwasa Damansara

6.2. 2017- no allocation provided

7. Through NBOS

7.1. 2017 -government's vacant lands at strategic locations will be provided to GLCs and PR1MA , build more than 30 000 houses at range of RM 150 000 and RM 300 000 which is lower than market price.

7.2. 2017- MyBeautiful New Home for B40 with allocation of RM 200 million wil be provided

8. eligible youth with permanent job including young graduates may rent house up to 5 years

8.1. 2017- Build around 10 000 houses in urban areas . They may rent at lower than market rate.

8.2. 2016- no allocation provided

9. Perumahan Penjawat Awam 1Malaysia (PPA1M)

9.1. 2016- Build 100 000 houses by 2018, facilitation fund of up to 25% of development cost is provided .

9.2. 2017- to complete 30 000 units of PPA1M with selling price of 20% below market price

10. Establish a First House Deposit Financing Scheme under KPKT

10.1. 2016- RM 200 million is allocated

10.2. 2017- no allocation provided

11. FELDA, FELCRA and RISDA build houses for 2nd generation of settlers

11.1. 2016- FELDA- 20 000 units, FELCRA- 2000 units, RISDA- 2000 units

11.2. 2017- no allocation provided

12. Reviving abandoned low and medium- cost private housing projects

12.1. 2016- allocate RM 40 million to KPKT. Exemption on stamp duty is given to contractors and the original purchasers.

12.2. 2017- no allocation provided