Ex-premier says taxi drivers have unstable income, which makes home ownership difficult.
If viable, housing minister says, it will also be made mandatory that such homes are at least 900 sq ft in size.
QUESTION TIME | The scheme will only facilitate lopsided bets on housing by those with money to spare.
With safeguards in place, Malaysia can blaze the path to enable homeownership on a larger scale, says finance minister.
The scheme would allow first-time home buyers to pay only 20pct of the property price, he says.
Policy-makers will miss the target if this is not done, says KRI director.
Zuraida says the current 'elite' housing projects are way out of reach of ordinary Malaysians.
Other agencies placed under the ministry are PPA1M, Uda Holdings and Syarikat Perumahan Negara.
Housing and Local Government Minister Zuraida Kamaruddin says this will reduce the cost of the homes.
Benchmark set based on the median income loan eligibility of different states, with the Klang Valley at RM500k.
GE14 | Lim Lip Eng wants to know if all 64 lots were sold through an open tender.
GE14 | BN gov't should be thanked by voters for defending lower income groups, says minister.
MP SPEAKS | Report on poverty in PPRs seems to have taken a backseat in the campaign trail.
PARLIAMENT | Minister says land prices make it difficult for gov’t to build affordable homes.
LETTER | There remains much work to be done with regards to affordable housing for the masses.
'I pity the young people who cannot afford to buy houses at RM300,000,' says MIEA's Alex Ting.
The PM says the opposition shouldn't oppose for the sake of opposing.
The Johor opposition leader says the quota only benefitted those with political connections.
PARLIAMENT | 170,095 applications received for 44,064 units listed under DBKL's housing projects.
Most M'sians cannot afford to buy what is available out there.
PARLIAMENT | Ministers urge Selangor gov't not to treat federal housing agencies as private developers.
Developers end up with affordable houses they can't sell and will have to auction, says Rehda president.
Event will showcase sub-RM500,000 homes and special bumiputera discounts.
State exco Jagdeep Singh Deo says state gov't is doing more than its fair share to provide new housing.
There are more goodies to come, if FT folk continue to trust us, says Najib Abdul Razak.
Rehda also schools government on the need for affordable housing next to transportation hubs.
YOURSAY | ‘When you rent a house, you are helping your owner to pay off his/her house…’
YOURSAY | ‘Johari is wrong to encourage young workers to rent, as houses will be beyond their reach at a later age.’
UPDATED 4.01PM | It is now time for banks to step up to the plate as corporate citizens, he says.