Weekly Industry News

Social housing mooted for 12th Malaysia Plan

Weekly Industry News

The National Housing Department is working on introducing social housing as the next phase of providing affordable homes for the B40 group.This form of housing gives the lower income group homes at a lower rent than privately rented housing and usually provides a long-term tenancy, giving renters the chance to put down roots.

Social housing is growing in developed nations such as the United Kingdom (UK), but still new to Malaysia.

“We want that (social housing) to happen here. But we still have a long way to go because we’re only promoting this idea now, ” said National Housing Department director-general Jayaselan K. Navaratnam.

With this form of housing, the burden is will not be placed in the hands of the government, developer, local authorities, but is shared with the public as a social obligation, he said.

Media Title:  The Sun

Date: 2 Aug, 2019

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