Housing Problem In Malaysia

The inadequacy of affordable housing is one of the most challenging issues plaguing cities all around the world and malaysia is no exception.

Housing problem in malaysia. High house price and competition in housing supply for low quality housing foment a problem to the low income group to own a low cost house linneman and megbolugbe 1992. To ensure that malaysia does not suffer a similar developing nation fate as china and vietnam where rapid urbanisation has resulted in spiralling housing costs leaving many households under. However housing remains a major problem for most especially for the bottom billions. Malaysian government effort to overcome squatter problem under zero squatter programs by 2005 since 1999 significantly reducing number of residents from 409 792 people in 1999 to only 102 045 people december 2005 ministry of housing and local government malaysia 2006.

The government has a responsibility in providing quality housing and adequate for all its citizens. It s a positive notion that new projects on developing affordable houses are being undertaken in the recent times but the number of affordable houses is still way low compared to the massive public demand. A veteran negotiator has sounded the alarm over illegal housing agents operating in small towns warning. These efforts were very important in handling the housing problems in malaysia mohd.

With tighter lending rules high living cost and stagnant wage growth purchasing a home has become an impossible dream for the low and middle incomed. Housing brokers are struggling to stay afloat in the current economic slump. Jason as quoted in hassan et al highlighted three main problems that exist in houses built in the past decade. Malaysia as a developing country has a role to provide suitable and affordable housing.

Countries with higher gni per capita have lower household sizes. Steep property prices have also made it more difficult for many people to get a foothold. Tackle the problems of the rise in house prices since 1995. First energy efficiency and green affordable housing did not take building design into account.

Housing and local government malaysia 2006. Going forward annual population growth is forecasted to slow further from 1 8 in 2010 to 0 8 in 2040. This can be done through policies enacted and housing programs. The lack of adequate number of affordable housing projects in malaysia has been an acute problem for a very long time.