THE national housing policy will be reviewed based on the Madani framework to align with Prime Minister Anwar Ibrahim’s goal to create a prosperous and balanced nation for all Malaysians, according to the Local Government Development Ministry.

In a statement issued today, the ministry said that through the new housing policy and more organised planning, as well as with the co-operation of all housing agencies and developers, it would be able to achieve the target of providing 500,000 affordable houses by 2025. 

“The ministry is prepared to review existing initiatives, find new incentive opportunities and facilitate all forms of procedures to give space for active participation by private housing developers and provide affordable, quality houses,” it said.

The ministry added that it would look into housing policies of governments overseas, particularly Singapore, which, according to the ministry, provides public housing for 80% of its citizens.

The ministry said this would strengthen the country’s housing development strategy based on the core values of Madani. – Bernama, January 23, 2023.