The federal government has committed to continuing the PPR that was introduced four decades ago
MALACCA: The People’s Housing Project (PPR) is an ongoing commitment by the federal government to providing a housing program that has received new life and direction since its inception four decades ago.
Minister of Housing and Local Government (KPKT), Datuk Seri Reezal Merican Naina Merican (picture) said the program is a moral and social obligation by the federal government at all levels to ensure those in need are provided with affordable housing, particularly the B40 group.
“The PPR started in 1982 during the 4th Malaysia Plan and is known as Low-Cost Public Housing. The ministry will ensure that the housing agenda for people is always promoted and improved.
“This is similar to the Malacca government initiative offering the Rent-to-Own program to Malaysian families through PPR Tehel and PPR Krubong. This is the right move to help people own a home instead of renting it,” he said in his speech at the launch of Rent-to-Own PPR Tehel and PPR Krubong by Prime Minister Datuk Seri Sulaiman Md Ali.
Reezal said the reserve price and the ability to apply for a PPR have continued to improve with recent household income and the increasingly challenging economic situation at the moment.
This is to ensure that the provision of PPR with a sufficiently high subsidy benefits those in need, taking into account the social mobility that will occur in the long term.
“For Malacca State, we were able to provide six PPR projects including three with 1,436 units completed and occupied, namely PPR Sungai Putat, PPR Tehel and PPR Krubong.
“Two other 375-unit projects are under construction, namely PPR Pulau Gadong, which is expected to be completed in December 2023, and PPR Tangga Batu, which is expected to be completed in January 2023, while a 300-unit project is in the planning phase PPR Jasin,” he said.
Overall, the minister said the federal government has committed to spend around RM 354 million to build all six PPR projects in Malacca. — Bernama