The Sun (Malaysia)

PEPS BUDGET 2018 WISHLIST:

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Step up provision and promotion of rental housing as the preferred housing mode

Rental housing provides immediate access and low barriers of entry to housing

Adopt rent-then-buy system to allow tenants to have longer period of time to build up their financial capacity and ultimately, own a house

Co-sharing of infrastruc­ture costs

Utility companies should share in the infrastruc­ture costs as an incentive to developers to build more affordable houses.

Centralise policy-making and delivery of affordable housing matters with a few agencies, to an extent where check-andbalance is in place

To promote administra­tive efficiency and economies of scale and consistent policy goals

Further streamline and simplify the applicatio­n procedures to ensure orderly, systematic and just policies are in place, standardis­ation of the developmen­t applicatio­n process in all states and local authoritie­s in terms of forms used and processing times

More incentives for private developers who adopt build-thensell system and/or provide higher proportion of affordable housing units

Applicatio­n for affordable housing projects should be simplified and expedited

Open sales of state land to developers at cheaper than prevailing market prices. Such sales can be made conditiona­l on projects having a higher proportion of affordable housing units

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