KUALA LUMPUR, March 13 — The National House Buyers Association of Malaysia (HBA) calls on the government to reevaluate the approach of selling the Program Residensi Rakyat...
The National House Buyers Association of Malaysia calls on the government to reevaluate the approach of selling the Program Residensi Rakyat housing units at a discounted price. — Picture by Ahmad ZamzahuriKUALA LUMPUR, March 13 — The National House Buyers Association of Malaysia calls on the government to reevaluate the approach of selling the Program Residensi Rakyat housing units at a discounted price.
“This is where the lower income groups can stay in relative comfort and pay low rents while they work towards improving their economic livelihood,” he said in a statement today.The PRR was announced by the Housing and Local Government Minister Nga Kor Ming on March 8, in which under the new housing model, each unit with a construction cost of RM300,000 will be sold at RM60,000 with up to RM15,000 out of the payment will be set aside for maintenance and sinking funds.
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