Housing developers to get aid

By Wednesday December 14th, 2011 No Comments

THE government will assist developers to make the 1Malaysia housing programme (PR1MA) a success by bearing some of the infrastructure costs involved in the construction of homes for the middle-income group.

Prime Minister Datuk Seri Najib Razak said numerous developers had since met him and expressed interest in building more homes priced between RM140,000 and RM300,000 in line with the PR1MA scheme.

“We will calculate the amount of assistance we can provide. It will not be much, just a small contribution to assist the developers,” he said after launching Sime Darby’s first landed property homes in collaboration with the PR1MA scheme in Bandar Ainsdale, Labu, near here, yesterday.

Present were Menteri Besar Datuk Seri Mohamad Hasan, Sime Darby chairman Tun Musa Hitam, PR1MA chief executive officer Datuk Abdul Mutalib Alias and PR1MA chairman Datuk Seri Dr Jamaludin Jarjis.

Najib said all these homes were constructed on a social business model, where there would be no profit or loss incurred by the developers.

“We are doing all we can to assist the poor in the country and today, the hardcore poverty rate is almost zero. To help this group of people own homes, we have numerous low-cost housing schemes.

“On the other end, we have the affluent group who can easily afford luxury homes. In between these lie the middle-income earners who make about RM3,000 to RM6,000 a month — this group cannot afford high-end properties, nor are they eligible for the My First Home Scheme.

“As a caring and understanding government, we must be fair to everyone and through this public and private partnership, we hope we can meet their needs and provide them with quality, affordable housing.”

He also emphasised the need for adequate facilities and maintenance to ensure a healthy and conducive living environment for this group.

“In the long run, we do not want to create an urban slum. We will ensure that these affordable homes come fully equipped with a 1Malaysia clinic, 1Malaysia shops and other relevant facilities.”

A total of 420 houses will be built by Sime Darby under the first phase of the project. Of these, 210 will be landed strata homes and the rest low-rise strata townhouses or cluster homes.

According to Musa, these houses will have three bedrooms and bathrooms, while purchasers will be able to choose from a selection of eight different types of low-rise units, each designed to meet different lifestyle needs.

He said Sime Darby’s PR1MA homes in Bandar Ainsdale would also incorporate innovative sustainable features, such as common solar and rainwater harvesting systems.

“The development will have a low density of 14.2 units per acre and dedicated spaces for greenery, and feature an integrated landscape concept,” he said.

Source : New Straits Times

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