State governments step forward to offer free land for housing projects, says Nga

The Star

State governments have given the federal government 32 offers involving plots of land worth millions of ringgit to build high-quality people's housing projects, says Nga Kor Ming.  The Housing and Local Government Minister said that in the past, some 35% of our allocation would be used to buy land. He said this after attending the Asean-China Ministerial Roundtable on Construction and Housing 2024 on Wednesday (July 3).  Read more at https://tinyurl.com/2h3vys5b   WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00You mentioned in your speech that the ministry is embarking on a new public housing model.

00:05Yes.

00:06Can you reveal it?

00:07Okay. We have two social housing programmes.

00:11One is to take care of middle class, we have Prima Corporation.

00:15So far we have built 53,000 units of Prima homes.

00:18Now we have even embarked on the Prima Township, Prima Town.

00:22Next, another social housing programme is under SPMB, Rumah Mesra Rakyat.

00:28Then we have the third housing programme.

00:30It is called PPR, Programme Perumahan Rakyat.

00:33Programme Perumahan Rakyat was introduced many years ago.

00:36It is time for us to review it.

00:38So I am preparing the cabinet paper to introduce Programme Residency Rakyat, PRR.

00:45PRR will be a new model of Programme Residency Rakyat.

00:50It is more inclusive, which is more commercially viable, higher, better qualities.

00:56We are actually benchmarked against HDB Singapore, Korean, even the developed nations.

01:05We are open for all options.

01:08So we have actually identified.

01:11So far, I am pleased to inform you after my announcement in Parliament last year,

01:17various state governments have stepped forward to offer free land to us.

01:22In the past, PPR is state governments sell land to KPKT.

01:28So 35% of our allocation has been used just to buy land.

01:34So the construction allocation is very low.

01:37That has resulted into a vicious cycle.

01:39The quality is not there.

01:41Now, we have received 32 offers from all the six.

01:46Many states are now willing to surrender the land to KPKT.

01:51I sent my technical team to look into it.

01:53We have a benchmark marking system, a point system.

01:56Once we are satisfied, it meets our requirement.

02:01We are going to use all the allocation 100% to build quality homes.

02:06Why we can do this?

02:08Because there is no land cost.

02:13For example, 100 million.

02:15In the past, you spent 35 million to buy land.

02:17Now, this all can be spent to build homes.

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