PPR homes for M40 group

New Straits Times - - News -

SHAH ALAM: The Ur­ban Well­be­ing, Hous­ing and Lo­cal Govern­ment Min­istry is plan­ning to build homes un­der the Peo­ple’s Hous­ing Project (PPR) that cater to the mid­dle-in­come group (M40).

Its min­is­ter, Tan Sri Noh Omar, said PPR had only tar­geted the low-in­come group (B40), how­ever, the govern­ment wished to ex­tend the project to the M40 to help the lat­ter bracket own af­ford­able homes.

“The work­ing pa­per for this pro­posal (PPR for M40) has been pre­pared and will be sub­mit­ted to the govern­ment the soon­est pos­si­ble.”

He said the govern­ment had sub­sidised more than RM100,000 for each PPR home in the B40 group.

Own­ers pay only RM35,000.

“As for the M40 group, the govern­ment may not give the same sub­sidy as B40’s PPR. It might con­sider giv­ing dis­counts be­tween 10 and 20 per cent for prop­er­ties worth RM700,000.” Ber­nama

The work­ing pa­per... will be sub­mit­ted to the govern­ment.

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