Weekly Industry News

Study sheds light on govt housing policies’ impacts on supply, affordability

Weekly Industry News

The assessment of two government housing programmes,   ResidensiWilayah (formerly Federal Territories Affordable Housing or Rumawip) and RumahSelangorku, showed that one way that government policies affect housing affordability is in the manner that developers choose to build new housing at different price points, in part in response to these policies.

The recent World Bank’s Malaysia Economic Monitor “Making Ends Meet” revealed that while the Residensi Wilayah scheme has contributed to the supply of housing units to the Kuala Lumpur market in the price range of RM300,000 and below, it also attracts higher income households to take advantage of the scheme.

Media Title: The Sun

Date: 31 Jan 2020

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