Search Articles

Find tips, tools and how-to guides on every aspect of property

SPNB Mesra Sdn Bhd plans to build 8,000 RMR1M houses this year

test

6 January, KOTA BHARU – Syarikat Perumahan Negara Berhad (SPNB) Mesra Sdn Bhd will build 8,000 units of 1Malaysia People’s Friendly Houses (RMR1M) including 5,000 homes for second generation Felda settlers nationwide this year.

Its chairman Datuk Mohamad Hasnan Che Hussin said the requirements would also be made more convenient to provide the public with a chance to own homes.

“The requirements of loan facilities provided by SPNB will also be more people-friendly,” he told reporters after the signing of loan documents and presentation of RMR1M subsidy qualification certificates to 37 new applications at the Kota Bharu parliamentary constituency level here today.

He said currently SPNB had given out loans amounting to RM1.2 billion which was managed through its subsidiary company, SPNB Dana.

Mohamad Hasnan noted, to materialise the construction of RM60,000 houses, SPNB, through SPNB Edar Sdn Bhd obtained subsidised building materials directly from suppliers.

He added that 6,023 RMR1M units had been completed throughout Kelantan last year and following efforts to restructure loan payment for applicants with financial problems, no housing units were retracted.

– BERNAMA

Disclaimer: The information is provided for general information only. iProperty.com Malaysia Sdn Bhd makes no representations or warranties in relation to the information, including but not limited to any representation or warranty as to the fitness for any particular purpose of the information to the fullest extent permitted by law. While every effort has been made to ensure that the information provided in this article is accurate, reliable, and complete as of the time of writing, the information provided in this article should not be relied upon to make any financial, investment, real estate or legal decisions. Additionally, the information should not substitute advice from a trained professional who can take into account your personal facts and circumstances, and we accept no liability if you use the information to form decisions.

More Articles