Government Poliocies in Property Market

Policy is...

• A detailed proposal for doing or achieving something.

• An intention or decision about what one is going to do.

• A deliberate plan of action to guide decisions and achieve rational oytcome.

• A diagram showing how something will be arranged.

The followings answered to "why do we need housing policy" except...

• To strengthen the purchasing power of population.

• To achieve equitable distribution of income.

• To hasten construction of new buildings and reduction of squatters.

• To lower the homeownership entry barrier for low-income groups and single adults.

The followings are factors affecting demand of housing in Malaysia except...

• Supply of housing

• Job opportunity

• Location

• Subsidy by government

The followings describe National Housing Policy except...

• Related to Governemnt Transformation Programme.

• Concentrate on providing affordable quality housing on suitable location and conduciveness, in line with 10MP.

• Introduced by 2011 by Ministry of Rural and Regional Development.

• Allocation of RM500m fund for repair and maintenance of public and private low cost house.

The followings are issues and challenges of National Housing Policy except...

• Non-strategic location.

• Willingness of developers to build Affordable Public Housing.

• Affordability and accessibility of people to own houses.

• Abandoned of housing project.

The followings are objectives of National Housing Policy except...

• Providing adequate and quality housing wiuth comprehensive facilities and a conducive environment.

• Setting future direction to ensure the sustainability of the housing sector.

• Provision of adequate housing based on specific needs to target groups.

• Enhancing the capability and accessibility of the people to own or rent houses.

The followings are the National Housing Plan's thrust and policy statement excepts...

• Sustainability of the housing sector.

• Setting future direction to ensure the sustainability of the housing sector.

• Improving the ability of the poeple to own and rent houses.

• Enhancing the level of social amenities, basic services and liveable environment.

The followings are examples of public sector housing programmes in Malaysia except...

• Program Perumahan Rakyat Bersepadu

• Public Low Cost Housing Programme

• Koperasi Perumahan Malaysia Berhad

• Integrated Low Cost Housing Programme

What is Integrated Low cost Housing Programme (ILCHP)?

• Started to relocate squatters who involved in the government development projects around KL and Klang Valley.

• Based on demand and target groups.

• Provide affordable housing facility to the low income group in the rural areas and suburbs with basic and social facilities.

• State government identify and allocate suitable housing sites and offer tenders.

The followings are issues and challenges implementing low medium cost housing in Malaysia except...

• No proper price regulation by local authority.

• Miss-match between supply and demand of low-medium cost house.

• Developers have no incentives to build low medium income houses and no compulsion from government unlike low cost housing.

• Lack of amenities such as transportation.