Page 23 - PH Manifesto English
P. 23
The Pakatan Harapan Government will reform the PR1MA programme so
that there is no more exploitation by crony developers who obtain
government land at discounted prices but then reap high profits by building
just a small number of affordable houses.
To increase Bumiputera home-ownership, the Pakatan Harapan
Government will encourage and simplify the processes to build affordable
houses on lands owned by state Islamic authorities including Waqf land. We
will give incentive to encourage Islamic authorities to work with private
developers. This will particularly benefit Muslim buyers.
The Pakatan Harapan Government will work with state governments to
convert land status if developers want to build affordable houses. The quota
for affordable houses will be increased. Tax incentives will be given to
companies that focus on affordable housing, especially to encourage them to
use the latest cheaper technologies such as the Industrialised Building
System (IBS) so that cost to buyers can be reduced.
In order to ensure there is a focused attention at the highest level, a
National Affordable Housing Council will be set up to bring together the
work of the various agencies under one roof. The Council will be chaired by
the Prime Minister. The Council will be tasked, among others, to:
• Build one million affordable houses within two terms of our
administration
• Coordinate a unified and open database on affordable housing that
are not yet sold, to prevent unscrupulous developers from
hiding information
• Coordinate a rent-to-own scheme for the B40 and M40 groups, and to
introduce an affordable renting programme for those who qualify,
especially from among youths
22