If that house you’ve been thinking of getting is just a little out of reach, the government is here to help: its MyHome Scheme, which provides a RM30,000 incentive for purchases of affordable homes, will be open for application from April 1 onwards.
Private sector developers and house buyers interested in the scheme may file their applications online via http://ehome.kpkt.gov.my.
Under the programme, qualified applicants could buy housing units wit prices defined as being low-cost by their respective state governments, with a subsidy provided by the federal government.
Among the conditions imposed on MyHome applicants are they must earn less than RM3000 a month, and successful applicants are not allowed to sell the MyHome units they’ve bought in the first 10 years.
“MyHome is part of a continuous effort by the Federal Government to provide affordable homes to the rakyat of all levels,” said Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan at the launch of the scheme here yesterday.
The scheme is expected to benefit two categories of households. While MyHome1 is open for households with an income of between RM3,000 and RM4,000, MyHome2 is for those with a household income of between RM4,001 and RM6,000.
Houses under the MyHome1 would cover a minimum of 800 square feet of space with a market price of between RM80,000 and RM120,000 in the peninsula and between RM90,000 and RM120,000 in Sabah and Sarawak.
MyHome2 prices would range between RM120,001 and RM200,000 in the peninsula and between RM120,001 and RM250,000 in Sabah and Sarawak for homes measuring a minimum of 850 square feet.
MyHome2 houses will have three bedrooms and two washrooms as well as basic amenities such as parking spaces, a community hall, a surau and a playground.
See Also: Start shopping: MyHome will pay RM30k for your low-cost house
Photo: jo.sau / Flickr
Story: The Star Online
