MyHome Scheme was announced by the Honourable Prime Minister, Dato’ Sri Mohd Najib bin Tun Abdul Razak in Budget 2013. The Scheme is an effort by the Government to encourage private developers to build more affordable homes. MyHome scheme offers incentives of RM30,000 for each affordable housing unit built which will benefit both home buyers and developers.
For this purpose, the Government has allocated RM300 million for the building of 10,000 units of affordable housing in Malaysia in 2014.
Please click here for more information on MyHome Scheme.