PUTRAJAYA (June 20): The government has decided to build 200,000 units of houses under the 1Malaysia Civil Servants Housing (PPA1M) programme, double the number originally targeted.

This was disclosed by Prime Minister Datuk Seri Najib Razak at the handover of keys to owners of the Selasih PPA1M programme in Precinct 17 here yesterday.

Najib, who is also finance minister, said Chief Secretary to the Government Tan Sri Dr Ali Hamsa had made the proposal to double the number of units.

He also said that the government wanted to ensure the well-being and comfort of all civil servants.

“It is the cherished dream of every individual, more so those who are married, to own an affordable house suitable to one’s capability, taste and needs.

“Of course, the house must be suitable in accordance with the size of the family, affordable in terms of monthly salary deductions and in the vicinity of modern facilities such as kindergartens, recreational areas, surau and so on.

“It should also be of high quality and not far from the workplace,” he said.

On April 23, the government announced it would build 100,000 units of houses throughout the country under the PPA1M programme.

Najib said 3,563 units of these houses had been completed and occupied.

He said the prices of these houses were lower than the market prices of between RM200,000 and RM300,000, depending on the size. For every unit, the government provides a subsidy of between RM25,000 and RM38,000.

Najib also said that Putrajaya Corp had agreed that the monthly maintenance payment for these houses be reduced from 20 sen to 16 sen per square foot.  — Bernama

This article first appeared in The Edge Financial Daily, on June 20, 2017.

For more stories, download TheEdgeProperty.com pullout here for free.

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