PUTRAJAYA, September 30 – The Ministry of Housing and Local Government (KPKT) will make the Liveable Malaysia program the main objective of the successful planning of the 12th Malaysia Plan (12MP) for the well-being of the concept of “Malaysian family”.
The priority areas of the 12MP that affect the functions and roles of the ministry are to ensure the provision of adequate, quality and affordable housing; improving the standard of living of poor households; monitor and evaluate efforts and implementation to achieve urban sustainability.
Other priority areas are the integration of digitization in the service delivery of local communities; favor green and resilient urban development; as well as the transformation of solid waste management towards the development of a recycling economy.
As part of the focus on housing, KPKT, in a statement released today on the 12MP, said the ceiling price for affordable housing will be introduced in the secondary market as a mechanism to control housing prices. , especially in urban areas.
The Rental Option to Purchase (RTO) program will be expanded to include homes priced up to RM500,000 as well as funds for affordable housing and a youth housing program will also be provided to fund buying first homes, the statement said.
KPKT said it is in the process of setting up a National Housing Corporation (NHC) that would serve as a leader in integrated housing development to achieve the goal of providing 500,000 affordable housing units by the end of this year. 2025.
By improving the standard of living of poor urban households, KPKT said entrepreneurship training, microfinance as well as opportunities in the odd-job economy would be broadened to increase and diversify the income sources of poor urban households.
The development of smart and sustainable cities will be intensified to improve urban competitiveness through ICT applications, advanced technologies and innovations to solve urban problems.
In accordance with the orientation towards the implementation of an economic recycling policy, KPKT is preparing guidelines for the development of waste eco-parks.
“Through the implementation of the development of Waste Eco Parks, the solid waste treatment industry can be effectively regulated by the authorities and the impact on the environment can be preserved, while generating the national economy”, also states the press release.
“The KPKT will see integrated and inclusive efforts to ensure that the implementation of 12MP will be able to address people’s concerns and restore their confidence, after the Covid-19 pandemic,” he added. – Bernama