Page 140 - Official Year Book 2020
P. 140
Measure 3 : Increasing RM1.2 billion to provide
Home Ownership comfortable and qualityhousing
for low-income group
Tofurtherpromotehomeownership, ▶ RM500 million to build 14
the following initiatives will be
implemented: thousand low cost housing
▶ Full stamp duty exemption units under the Program
Perumahan Rakyat
on instruments of transfer and ▶ RM315 million for the
loan agreement for first time construction of 3,000 units
home buyers of up to RM500 of Rumah Mesra Rakyat by
thousand. This exemption is SPNB
effective for sale and purchase ▶ RM125 million for the
agreement executed from 1 maintenance of low cost
January 2021 to 31 December and medium-low stratified
2025 housing as well as assistance
▶ Stamp duty exemption on loan to repair dilapidated houses
agreements and instruments and those damaged by natural
of transfer given to rescuing disasters
contractors and the original ▶ RM310 million for the Malaysia
house purchasers is extended Civil Servants Housing
for another 5 years. This Programme (PPAM)
exemption is effective for loan
agreements and instruments Provide a Rent-to-Own Scheme
of transfer executed from ▶ Will be implemented until year
1 January 2021 to 31
December 2025 for abandoned 2022
housing projects certified by ▶ Involving 5,000 PR1MA houses
Ministry of Housing and Local
Government with a total value of more than
RM1 billion
▶ Reserved for first time home
buyers
O136 FFICIAL YEAR BOOK 2020
Home Ownership comfortable and qualityhousing
for low-income group
Tofurtherpromotehomeownership, ▶ RM500 million to build 14
the following initiatives will be
implemented: thousand low cost housing
▶ Full stamp duty exemption units under the Program
Perumahan Rakyat
on instruments of transfer and ▶ RM315 million for the
loan agreement for first time construction of 3,000 units
home buyers of up to RM500 of Rumah Mesra Rakyat by
thousand. This exemption is SPNB
effective for sale and purchase ▶ RM125 million for the
agreement executed from 1 maintenance of low cost
January 2021 to 31 December and medium-low stratified
2025 housing as well as assistance
▶ Stamp duty exemption on loan to repair dilapidated houses
agreements and instruments and those damaged by natural
of transfer given to rescuing disasters
contractors and the original ▶ RM310 million for the Malaysia
house purchasers is extended Civil Servants Housing
for another 5 years. This Programme (PPAM)
exemption is effective for loan
agreements and instruments Provide a Rent-to-Own Scheme
of transfer executed from ▶ Will be implemented until year
1 January 2021 to 31
December 2025 for abandoned 2022
housing projects certified by ▶ Involving 5,000 PR1MA houses
Ministry of Housing and Local
Government with a total value of more than
RM1 billion
▶ Reserved for first time home
buyers
O136 FFICIAL YEAR BOOK 2020
