This article was originally published on 28th February 2019 and has been updated for accuracy and comprehensiveness.
Residensi Wilayah (RUMAWIP) is one of the initiatives by the government to help Malaysians to own their first property.
RUMAWIP which is also sometimes referred to as “ruma wip” is the affordable housing programme by the government to help lower and middle-income groups to be a first-time homebuyer. This programme focuses on all Federal Territories – Kuala Lumpur, Putrajaya, and Labuan. As much as 26 projects in KL are open for application by eligible Malaysians while 80,000 units of RUMAWIP homes are expected to be built within the next five years.
For many first-time home buyers, this is a golden chance for you to look and shop around for your first home sweet home. If you have no idea where to start or what RUMAWIP is all about, we have listed down all necessary information as your guideline. Here are the 9 things you should know about RUMAWIP.
1. What are the criteria for Residensi Wilayah (RUMAWIP) applicants?
RUMAWIP applicants must be a Malaysian citizen of at least 18 years old. Priorities are granted for those who:
- Were born;
- Work; or
- Live in any Federal Territories upon the application, especially those who do not own any property in the Federal Territories area.
On top of that, retirees are also eligible for Residensi Wilayah but are subject to the terms and conditions.
The household gross income for individual applicants (single) must not exceed RM10,000 per month while married couple must have a total income of no more than RM15,000 per month. The husband or wife may apply for Residensi Wilayah. Nonetheless, only one offer will be given to each household.
3. How many affordable housing categories are offered by Residensi Wilayah (RUMAWIP)
Residensi Wilayah (RUMAWIP) offers three categories of affordable housing:
- Studio or one bedroom;
- Two bedrooms; and
- Three rooms with strata title ownership.
If you think you know everything there is to know about the strata title, you may be surprised find out that there is a lot more to strata titles.
4. What are the property types and prices for Residensi Wilayah?
The Residensi Wilayah programme offers several types of properties that come in various prices to suit all the income brackets. Below are the 3 types of properties that home buyers can look to purchase with the Residensi Wilayah program:
- Built-up: 700 sf
- Price: RM 63, 000 (KL and Putrajaya), RM 52, 000 (Labuan)
Medium low-priced house
- Built-up: 800 sf
- Price: RM 63, 001 – RM 150, 000
- Built-up: 650 sf
- Price: RM 150, 001-RM 300,000
Residensi Wilayah (previously known as RUMAWIP) Locations
Residensi Wilayah developments are strategically located by design. Most of them are close to public transportation, and are located in populous areas. There is the RUMAWIP in Setapak, RUMAWIP Jalan Ipoh, RUMAWIP Bangsar South and RUMAWIP Cheras. These areas are not only within matured neighbourhoods, but are also within proximity of the Kuala Lumpur city centre.
- Setapak J, Setapak
- Residensi Max, Jalan Ipoh
- Taman Melati, Kuala Lumpur
- Residensi MH Platinum 2/Merdu, Setapak
- Residensi Alamanda, Bangsar South
- Residensi Laman Segar, Cheras
5. Are the Residensi Wilayah units selling below the market price?
Residensi Wilayah units sell below the market price. The RM300,000 units have three bedrooms, two bathrooms, and a parking space. On top of that, they have facilities like the swimming pool, gymnasium and a playground. As these units are built at strategic layouts with easy accessibility, it helps the low and middle-income people to have a comfortable life.
Nevertheless, a 10-year moratorium is imposed where the purchased house cannot be transferred or sold to a new owner without the government’s permission, unless to the closest family members or heirs like spouses or children ONLY.
6. Do I need to get my deposit ready?
Applicants who have successfully obtained a Residensi Wilayah unit are required to pay to the developer a 10% deposit of the total unit price. Then, they will proceed on to the next step. This programme does not provide any funding aid. Thus, the applicants are free to choose their home financing options. Not just that, you don’t need to pay for a booking fee!
7. Can I rent out my Residensi Wilayah (RUMAWIP) unit?
The Federal Territory Ministry gives RUMAWIP owners the flexibility to rent out their properties to a third party but, on a certain term. You can rent out your units to local tenants ONLY.
8. Can I apply for a bigger unit?
An existing Residensi Wilayah (RUMAWIP) owner can apply for a bigger house unit provided that the old unit is sold at a price that is agreed by the agency who plans and regulates Residensi Wilayah.
9. What happens if I withdraw from the application?
The applicant will no longer be eligible for Residensi Wilayah if s/he drops any application of the programme. This is because the application is based on the ‘one-time off’ basis. Any withdrawal of the application will result in no more submission in the future.
If you are eligible for Residensi Wilayah, do apply for your dream home as soon as possible. Start your registration today as this could be the chance for you to own your first home at an affordable price! Also, check out the studio or one room, two rooms, and three rooms properties that are within the range of RM400,000 for your next property investment!
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