Housing Problem In Malaysia

The government has a responsibility in providing quality housing and adequate for all its citizens.

Housing problem in malaysia. The major problem of malaysia residential housing policy is that it has lost its traditional form of identity. Housing loan is one of the core issue faced by the malaysian citizen. According to goh that high value of house price had actually make buyers. Jason as quoted in hassan et al highlighted three main problems that exist in houses built in the past decade.

Building a house in malaysia. In the past decade home ownership among the middle income group in malaysia has suffered due to the lack of mid range housing stock in desired neighbourhoods or townships as well as the tightening of mortgage requirements. Some westerns view malaysia as being a third world country. In malaysia the concept of sustainable housing is still new to the public hassan khor and rahmawaty 2011.

This can be done through policies enacted and housing programs. The existing housing programs and consequent development do not acknowledge or respect the existing tradition. This is wrong malaysia is a fast growing economy like singapore population doubled in last 25 years due to immigration from a country dominated by villages kampung it transformed into modern landed housing and high rise condominiums. Malaysia s population growth is slowing from a compounded annual growth rate cagr of 2 64 in 1980 1991 to 2 17 in 2000 2010.

The inadequacy of affordable housing is one of the most challenging issues plaguing cities all around the world and malaysia is no exception. Going forward annual population growth is forecasted to slow further from 1 8 in 2010 to 0 8 in 2040. First energy efficiency and green affordable housing did not take building design into account. See sample house plans or contact me to design a new house for you.

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. Instead they adopt a western concept which is essentially foreign to the southeast asia landscape. The lack of adequate number of affordable housing projects in malaysia has been an acute problem for a very long time. This issue occurs due to dealing with extreme housing price high interest rate low income increment and price inflation of living goods.

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. Malaysia as a developing country has a role to provide suitable and affordable housing.