This website is
 sponsored.gif

banner.gif

 Welcome    Main    Forum    FAQ    Useful Links    Sample Letters   Tribunal  

RM1,500 income remains as condition for low-cost homes
Utusan.com.my 14/5/2004

KUALA LUMPUR May 13 - The government has decided to maintain the household income of RM1,500 per month as eligibility to purchase low-cost houses until an expert study has been made to review the income eligibility.

Housing and Local Government Minister Datuk Seri Ong Ka Ting said the study would take into account several factors such as the number of dependents living with the applicants, the consumer price index (CPI) and cost of living.

"We will get an expert study in calculating the CPI and living cost, how these factors can be given an appropriate value," he said at a media conference after attending the National Housing Meeting Number 1 for the year 2004, here Thursday.

On April 17, Prime Minister Datuk Seri Abdullah Ahmad Badawi had asked the ministry to draw up a new formula to ensure as many Malaysians had an opportunity to own homes.

Earlier, Real Estate and Housing Developers Association (REHDA) vice-president Datuk Mohd Khalid Harun said about one million families with an income of between RM1,500 and RM3,000 each could not afford to own a house.

He said that with such an income, they were not eligible to buy low-cost homes but at the same time could not afford a more expensive house.

Ong said the meeting Thursday also discussed the construction of low-cost houses which was insufficient and low-cost houses in several areas which did not get the desired response.

"All state governments are given three weeks to give feedback to the ministry on the number of low-cost houses that have been approved by all local authorities since 1999," he said.

The number of registered applicants for low-cost homes throughout the country between Jan 1, 1990 and May 12, 2004 was 378,250, he said.

Meanwhile, he said the ministry would create the Computerised Open Registration System (SPT) to standardise the registration of low-cost homes throughout the country.

He said all state governments were compelled to adopt the system which was expected to be ready in September in updating data and the list of applicants for low-cost homes.

Ong said so far only four states were using the same system as the one used by the ministry and the non-standardisation of the system had resulted in duplication of names in the list of applicants for low-cost homes.

A working committee which would be chaired by the ministry's Secretary-General would be set up for this purpose, he said.
 
 

Main   Forum  FAQ  Useful Links  Sample Letters  Tribunal  

National House Buyers Association (HBA)

No, 31, Level 3, Jalan Barat, Off Jalan Imbi, 55100, Kuala Lumpur, Malaysia
Tel: 03-21422225 | 012-3345 676 Fax: 03-22601803 Email: info@hba.org.my

© 2001-2009, National House Buyers Association of Malaysia. All Rights Reserved.