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Najib: Affordable Housing For Youth Remains Top Government Priority

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KUALA LUMPUR: Affordable housing for the youth will remain the Government’s main priority despite the global economic uncertainties following the drop in oil and petrol prices.

Prime Minister Datuk Seri Najib Tun Razak (pic) said the Government had implemented various programmes and initiatives to support and achieve its plan of “1Family 1House”.

Najib said a total of 2114 My First Home Scheme applications had been approved, with loans involving RM431mil between the period of 2013 and January this year.

“For the Youth Housing Scheme, as of end February, a total of 876 applications had been approved by Bank Simpanan Nasional (BSN), involving loans worth RM215.15mil.

“It is the responsibility of the Government to provide access to affordable housing for each household especially for the lower and medium income group to improve the people’s standard of living,” he told Shaharuddin Ismail (BN-Kangar) during Question Time.

Shaharuddin had asked the Government to state the number of youth who have owned a house under the “My First House Scheme” programme.

Najib, who is also the Finance Minister, said the Government had increase the numbers of affordable homes including the rakyat housing projects, Federal Territories affordable housing projects, 1Malaysia Civil Servants Housing Programme, Mesra Rakyat projects, via various agencies including PR1MA and the Syarikat Perumahan Negara Berhad (SPNB).

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