In the year 2014, Rumah Selangorku was introduced by the Selangor State Government led by the state’s very own Lembaga Perumahan dan Hartanah Selangor (LPHS) . This was done to deliver affordable houses to qualifying citizens within the state of Selangor, a densely populated area with around 6.57 million inhabitants. With the skyrocketing prices of affordable homes construction in a popular area as Selangor, owning a house is a huge issue for many especially, those from the average and lower economic spectrum. These groups of underprivileged people would have no choice but to live in rented units with high rental rates. When push comes to shove, they would be forced to evacuate from these rented spaces and find other means of accommodation.
Despite the flexibility that a Rumah Selangorku scheme offers, there are a few important pieces of information that one should note before applying for a house under the Rumah Selangorku scheme. This includes the fact that owners can’t sell the property within 5 years of purchase, and they can’t rent out the properties too.
After 5 years, an applicant can sell the house under approval from the State Government. In regards to the applications, one must reapply after 2 years if the application is unsuccessful and applicants who turn down a house offer are deemed as an inactive applicant for 2 years. Prospective applicants are not allowed to choose the house too. This means they’ll be assigned to one by the state government by merit. It should be noted that applicants are not allowed to appeal for the rejection of their application.
As far as cheap house ownership programs go, it doesn’t cover the extra effort (and extra costs) from the applicant’s end. It looks good from the outside because the houses under this scheme are cheap but what about the additional costs incurred? This includes miscellaneous costs such as stamp duty for the transfer of ownership title, sale and purchase agreement (SPA) legal fees, stamping for SPA and loan agreement, SPA legal disbursement fee, loan agreement legal fee, the fee for the transfer of ownership title, government tax on legal agreements and bank processing fee for loans.
The non-disclosure of additional costs as such would definitely be a huge let-down for buyers of the houses from the Rumah Selangorku scheme who might be enthralled by the pricing of the houses but eventually fail to notice these additional costs. They might as well be buying a regular house with more benefits at hand. Apart from that, successful applicants for the Rumah Selangorku scheme are no different from regular buyers. A 10% down payment of the house price is required in addition to the miscellaneous charges aforementioned. A major downside faced by buyers of this scheme would be the fact that they could not benefit from various property deals and purchase exemptions such as the stamp duty exemption. This is because the houses purchased are below RM 300,000 and this stamp exemption applies for houses within the range of RM 300,000 to RM 1,000,000.
Although the outlook of properties under the Rumah Selangorku scheme might seem appealing to some people, many still beg to differ. The mere sound of a low-cost housing area incites various bad remarks among the general public. This includes discriminating those from low-cost houses due to its association with lack of cleanliness, people with lower education levels and people from the lower economic spectrum.
Despite Rumah Selangorku houses straying far away from the narrative of low-cost houses, the public’s perception remains. Buyers of Rumah Selangorku houses would be highly attracted to the low price offered but in the long run, they might be disappointed with the fact that the house owned might not have much land value. This factor is heavily linked to the public’s perception of Rumah Selangorku houses nevertheless. The worst-case scenario would be the inability for the owners to sell the house after more than 5 years. Economically, this would stunt the financial growth of house owners under this scheme as they might not be able to own a house that’s in line with their needs.
Other location of Rumah Selangorku are located in strategic location such as Bandar Puncak Alam, Bandar Saujana Putra, Alam Perdana and Tamara Residence. There is also bigger projects like Idaman Cahaya, Idaman Sari, Idaman KITA, and Idaman Melur. More future property are coming with affordable selling price suitable for household income range.
In general, the Rumah Selangorku scheme is indeed a great initiative by the 雪兰莪 州政府。希望通过该计划可以减少贫富之间的财政差距。终于看到弱势群体拥有一所房子，以改善他们的后代，这将是非常高兴的。但是，Rumah Selangorku计划仍然有其缺点，可以阻止人们购买该计划下的房地产。解决这些问题对于确保每个人都拥有一个可以打电话回家的地方至关重要。