One Affordable House Per Person: New Rule

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KL Homeowners, affordable house, KL back to selangor
View of KL houses - Unsplash

The government is set to implement a regulation limiting the purchase of affordable houses to just one per eligible citizen, as outlined in the 12th Malaysia Plan Mid-Term Review. This initiative will involve the creation of a housing database to enhance the accuracy of ownership information screening.

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Additionally, guidelines and procedures for overqualified tenants to transition to suitable housing options will be developed to enforce an exit policy for public housing. These measures aim to ensure a steady supply of affordable housing. Furthermore, a comprehensive land inventory will be established to identify waqf land for affordable housing, and a 10-year moratorium on house resale will be expanded to encompass all public housing.

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KL Homeowners, affordable house
View of KL houses – Unsplash

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