KUALA LUMPUR: Low income groups in Kuala Lumpur who can't afford to buy a house will be able to rent houses under the government’s Madani housing initiative, says Datuk Seri Anwar Ibrahim.
The Prime Minister said the rental scheme, namely Rumah Majlis Madani (Madani council homes) and Pembangunan Rumah Ihsan Madani will target M40 and B40 groups to rent homes for a period of five years.
“The council homes are targeted at M40 and B40 groups who cannot afford to buy houses. The rent will be RM600-per-month for a 700sq ft and three-bedroom house.
“The Pembangunan Rumah Ihsan Madani is for the B40 and hardcore poor groups where they will pay rent of RM300-per-month for a three-bedroom home at 700sq ft.
“The limitation to rent for five years is to give others from the same groups the opportunity to rent the units as well,” he said when launching the Taman Tasik Metropolitan multi-storey car park in PPAM Metropolitan Kepong here on Friday (June 23).
These two home rental schemes were introduced under the new affordable housing initiative known as the Kejiranan Madani Wilayah Persekutuan Kuala Lumpur or Madani Neighbourhood.
Anwar, who announced the initiative, said the Kejiranan Madani refers to the M40, B40 and hardcore poor groups who are living within the same area that is complete with basic necessities.
“The Kejiranan Madani will soon involve several components of affordable housing development for target groups.”
There are three development projects in Kuala Lumpur under the Madani concept, which is expected to start this year, involving the three income groups.
Anwar said the M40 group with a monthly household income of RM7,000 and below will be able to purchase an 800 sq ft unit priced at RM200,000 under the Prihatin Madani project.
“For the B40 group with household earnings of RM5,000 and less, a 750 sq ft unit at RM180,000 will be offered to them under the Residensi Madani development.
“The Residensi Sejatera Madani is for youths who are starting their careers and newly married couples aged between 21 until 30, with a monthly household income of RM4,000 and below, where they can purchase a 700 sq ft home at RM150,000 per unit,” he said.