5.

2 Types of affordable home scheme

Malaysian government have been creating a variety of incentives to make it

easier for people to own their own homes in future. It is a way to provide enough
supply to fulfill the demand from people in housing market. Most of the scheme
are not allowed the owner to rent their house after purchased and the house can
only be sold by the owner after 10 years. These are the types of low-cost
housing scheme prepared by the government;-

 Skim Perumahan Rakyat Malaysia (PR1MA)

Skim Perumahan Rakyat Malaysia(PR1MA) is the most popular among people
as it is developed at strategic location which is targeting middle class group.
Each unit is priced at RM100,000.00 to a maximum of RM400,000.00.
 Skim MyHome
MyHome scheme is targeting low income group. There are 2 categories in
MyHome scheme. MyHome 1 is for household monthly income rate of
RM3,000.00 - RM4,000.00 which is applied at peninsula and Sabah Sarawak.
MyHome 2 is for household monthly income of RM4,001.00 – RM6,000.00
which is applied at peninsula and Sabah Sarawak.
 Rumah PPA1M
Rumah PPA1M scheme is focusing on civil servant with a grade level under
JUSA C and has household income of RM10,000.00. The price for each unit is
RM150,000.00 to RM300,000.00.
 Program Perumahan Rakyat(PPR)
Program Perumahan Rakyat(PPR) is the solution for people with household
income below RM3,000.00 to own their own house. One house can be purchase
with the price of RM30,000.00 to RM40,500.00.
 Rumah Mesra Rakyat
Rumah Mesra Rakyat is targeting the villagers who have land but do not have
homes. The conditions are the monthly household income not exceed
RM3000.00 and their land is shall have a minimum size of 2800 square feet.