Call for Increased RMR Projects and Homeownership Support in Budget 2025

By Loshinniy Nair S. Baskaran

5th OCTOBER: As Malaysia approaches Budget 2025, there are growing calls for the government to allocate more resources toward Rumah Mampu Milik (RMR) projects and enhanced support for homeownership.

Stakeholders argue that rising property prices have made it increasingly difficult for many Malaysians, especially first-time buyers, to afford homes. The Housing and Local Government Ministry has been urged to prioritize RMR developments, which offer affordable housing options to low- and middle-income families.

Advocates suggest that expanding these projects could alleviate the housing shortage and provide greater accessibility for aspiring homeowners. Additionally, there is a strong push for the government to introduce more financial aid and incentives, such as grants and low-interest loans, to assist individuals in navigating the complexities of home financing.

This support is seen as crucial in addressing the barriers that prevent many from achieving homeownership.Experts emphasize that a strategic focus on affordable housing in the upcoming budget can significantly improve the quality of life for many citizens, promoting stability and growth within communities.

They urge the government to consider the long-term benefits of investing in RMR projects and related initiatives, highlighting that such measures could lead to sustainable development and increased economic activity.

In summary, as Budget 2025 approaches, there is a clear consensus that more robust measures are needed to support affordable housing initiatives and facilitate homeownership across Malaysia, as stated in The Star.