{"id":29369,"date":"2017-04-21T17:28:58","date_gmt":"2017-04-21T09:28:58","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=29369"},"modified":"2017-04-21T17:30:37","modified_gmt":"2017-04-21T09:30:37","slug":"new-cheap-housing-scheme-malaysia","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/new-cheap-housing-scheme-malaysia","title":{"rendered":"New Housing Projects For Middle-Income Unveiled"},"content":{"rendered":"<p>The Malaysian government has launched few several apartment projects around the Klang Valley for households earning RM10,000 or less a month.<\/p>\n<p>The first project \u2013 City Apartments or Pangsapuri Bandaraya \u2013 will be located at Sungai Udang, Segambut, and comprise 1,251 units of three-bedroom apartments.<\/p>\n<p>These units will be rented out at RM800 a month to qualified applicants.\u00a0 Tenancy is based on a five-year cycle.<\/p>\n<p>Also, under the scheme, a certain amount from the monthly rental will be carved out as part of a \u201cforced savings\u201d of sorts. So RM300 out of the RM800 will be set aside every month and the total \u2013 about RM18,000 for a tenancy of five years \u2013 will be returned to the tenant.<\/p>\n<p>The purpose of the forced savings is to use the money as a deposit to buy a home elsewhere.<\/p>\n<p><a href=\"http:\/\/www.thestar.com.my\/news\/nation\/2017\/04\/18\/boost-for-urbanites-seeking-housing-pm-launches-project-in-the-city-for-those-earning-below-rm10000\/\" target=\"_blank\" rel=\"nofollow\"><em>[Source]<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It also comes with a forced savings scheme.<\/p>\n","protected":false},"author":29,"featured_media":25417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,21],"tags":[],"class_list":["post-29369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","category-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Putrajaya Reveals New Affordable Housing For Middle-Income Group<\/title>\n<meta name=\"description\" content=\"Each unit is rented out at RM800 a month out of which RM300 is set aside as a form of forced savings. The goal: to help Malaysians land their first home.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/new-cheap-housing-scheme-malaysia\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Housing Projects For Middle-Income Unveiled\" \/>\n<meta property=\"og:description\" content=\"It also comes with a forced savings scheme.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/new-cheap-housing-scheme-malaysia\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-21T09:28:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-04-21T09:30:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2016\/07\/Malaysia-housing.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Emmanuel Surendra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emmanuel Surendra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/new-cheap-housing-scheme-malaysia\",\"url\":\"https:\/\/www.imoney.my\/articles\/new-cheap-housing-scheme-malaysia\",\"name\":\"Putrajaya Reveals New Affordable Housing For Middle-Income Group\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/new-cheap-housing-scheme-malaysia#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/new-cheap-housing-scheme-malaysia#primaryimage\"},\"thumbnailUrl\":\"\/articles\/wp-content\/uploads\/2016\/07\/Malaysia-housing.jpg\",\"datePublished\":\"2017-04-21T09:28:58+00:00\",\"dateModified\":\"2017-04-21T09:30:37+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/a7c6c5ecf3ba99234373c75acdff7fa4\"},\"description\":\"Each unit is rented out at RM800 a month out of which RM300 is set aside as a form of forced savings. 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