Johor housing rejuvenation policy a boon for developers, buyers

Bernama English, 10 November 2022

KULAI, Nov 10 (Bernama) -- The Johor Housing Rejuvenation or the new Johor housing policy that was launched today is an initiative by the state government to encourage housing developers in the state to construct Johor Affordable Homes (RMMJ).

State Housing and Local Government Committee chairman Datuk Mohd Jafni Md Shukor said the renewal of the policy was a service delivery initiative known as “quick wins” between developers and buyers.

He said that through the new Johor housing policy, the state government is targeting 21,000 units of RMMJ, with the prices set at RM150,000, RM80,000 and RM42,000.

“The launching of the rejuvenation or transformation of houses in Johor is one of the important matters focused on by the state government to increase the number of affordable homes in the state at the stated prices.

“For this year, we targeted 2,400 units but we have already surpassed it,” he told reporters after the New Johor Housing Policy pre-launch officiated by Menteri Besar Datuk Onn Hafiz Ghazi at the IOI Galleria, Bandar Putra here today.

In addition, Mohd Jafni said one of the changes under the new policy is the reduced number of documents needed to apply for the People’s Housing Project (PPR) and RMMJ.

Previously, PPR applicants had to produce 23 documents but now only six are needed, while for the RMMJ, they only need to provide five documents compared to 17 last time.

He also said applicants, who used to pay between RM300 and RM500 per application previously, won’t have to pay a single cent now as all applications can be done online.

“As for the application for the RM1,000 incentive voucher, Johor folk only need to produce two documents now compared to six previously while the payment will be directly credited in less than two weeks,” he said.

“As for developers, the waiting period for the application of the Bumiputera lots will only take seven days compared to 180 previously while the offer letters will be issued in just one day compared to 60 days,” he said.

Mohd Jafni said those who had trouble obtaining financing and bank loans can also breathe easy following the collaboration between the Johor State Housing Development Corporation (PKPJ) and Syarikat Jaminan Kredit Perumahan (SJKP) as well as Bank Simpanan Nasional, Bank Muamalat and Bank Rakyat.

-- BERNAMA

 

(Web source: https://www.bernama.com/en/general/news.php?id=2137249)