Home News SPNB Mesra Sdn Bhd will build 8,000 RMR1M houses this year

SPNB Mesra Sdn Bhd will build 8,000 RMR1M houses this year

Extract from Bernama (6/1/2018)

KOTA BHARU: Syarikat Perumahan Negara Berhad (SPNB) Mesra Sdn Bhd will build 8,000 units of 1Malaysia People's Friendly Houses (RMR1M) including 5,000 homes for second generation Felda settlers nationwide this year.

Its chairman Datuk Mohamad Hasnan Che Hussin said the requirements would also be made more convenient to provide the public with a chance to own homes.

"The requirements of loan facilities provided by SPNB will also be more people-friendly," he told reporters after the signing of loan documents and presentation of RMR1M subsidy qualification certificates to 37 new applications at the Kota Bharu parliamentary constituency level here today.

He said currently SPNB had given out loans amounting to RM1.2 billion which was managed through its subsidiary company, SPNB Dana.

Mohamad Hasnan noted, to materialise the construction of RM60,000 houses, SPNB, through SPNB Edar Sdn Bhd obtained subsidised building materials directly from suppliers.

He added that 6,023 RMR1M units had been completed throughout Kelantan last year and following efforts to restructure loan payment for applicants with financial problems, no housing units were retracted.