17 May, KUALA LUMPUR – The Pakatan Harapan’s manifesto on affordable housing and home ownership has been very well thought off, says the National House Buyers Association (HBA).
HBA secretary-general Chang Kim Loong said upon implementation, it could go far towards increasing the supply of affordable housing and reduce the threat of homeless people.
“The HBA views the manifesto with high optimism and anticipation…we are highly supportive of this manifesto,” he said when met by reporters after being called by the Council of Eminent Persons to brief them on the association’s views on the housing agenda.
Pakatan Harapan, prior to winning the 14th General Election had announced among others, that the coalition would build one million affordable houses within two terms of the Pakatan Harapan-ruled government.
It had also announced that a special housing loan scheme tailored for youth to buy their first home would be created and maintenance cost in low-cost housing area would be taken over by the government.
A National Affordable Housing Council chaired by the PM would also be formed to bring together, the work of different agencies under one roof.