Sul­tan’s birth­day gift of af­ford­able homes to Jo­hore­ans

The Star Malaysia - - Nation -

JO­HOR BARU: The Jo­hor Ruler will un­veil a spe­cial sur­prise for Jo­hore­ans over an af­ford­able hous­ing scheme to mark his 59th birth­day cel­e­bra­tion, which falls on Thurs­day.

Sul­tan Ibrahim Ibni Al­marhum Sul­tan Iskan­dar said the gift for his sub­jects would be in Ban­dar Dato Onn here.

He said the free­hold project, un­der the Sul­tan Ibrahim Foun­da­tion and in col­lab­o­ra­tion with Bank Rakyat, would see dif­fer­ent con­cepts for res­i­den­tial and com­mer­cial units.

“I want Bangsa Jo­hor to be a home-own­ing so­ci­ety,” he said.

“I want this to be a first-of-its-kind hous­ing scheme that is truly af­forda- ble, of­fer­ing the cheap­est and best qual­ity houses to the peo­ple.

“Imag­ine own­ing a three-bed­room bun­ga­low or a semi-de­tached house priced at be­low RM100,000 per unit,” he said in a state­ment yes­ter­day.

Suc­cess­ful ap­pli­cants would only need to pay a de­posit of RM1 for a full loan with an easy re­pay­ment scheme, he added.

Sul­tan Ibrahim, how­ever, noted that while the of­fer would be opened to all el­i­gi­ble Bangsa Jo­hor, the se­lec­tion process would be strin­gent.

“I do not want to re­veal too much now but the peo­ple are wel­come to Gal­le­ria @Ko­taraya on Wed­nes­day for the soft launch of this ex­cit­ing project,” he said.

Sul­tan Ibrahim also ex­pects the ini­tia­tive to shake up the hous­ing in­dus­try here and drive pri­vate de­vel­op­ers to re­duce prop­erty prices.

“We must make hous­ing more af­ford­able,” the Sul­tan said.

“The price now is way beyond the reach of the av­er­age wage earner.”

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