An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward

The purpose of this paper is to assess the low-cost housing (LCH) provision with a view to suggesting ways to abridge the demand-supply gap in Malaysian LCH. The Malaysian government over the years have attempted to make home ownership for all households regardless of the household income monthly bu...

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Main Authors: Ebekoziena, Andrew, Abdul-Aziz, Abdul-Rashid, Jaafar, Mastura
Other Authors: A Kadir, Nadhrah
Format: Book Section
Language:English
Published: School of Social Sciences, USM 2017
Subjects:
Online Access:http://eprints.usm.my/40641/
http://eprints.usm.my/40641/1/ART_45.pdf
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author Ebekoziena, Andrew
Abdul-Aziz, Abdul-Rashid
Jaafar, Mastura
author2 A Kadir, Nadhrah
author_facet A Kadir, Nadhrah
Ebekoziena, Andrew
Abdul-Aziz, Abdul-Rashid
Jaafar, Mastura
author_sort Ebekoziena, Andrew
building USM Institutional Repository
collection Online Access
description The purpose of this paper is to assess the low-cost housing (LCH) provision with a view to suggesting ways to abridge the demand-supply gap in Malaysian LCH. The Malaysian government over the years have attempted to make home ownership for all households regardless of the household income monthly but it seems this is becoming an illusion because of the increasing gap between the demand and supply of LCH provision. Therefore, this paper presents the preliminary findings of an on-going study that is examining the demand-supply gap in Malaysian LCH provision as well as role expected by the 5-year housing plan. It is little wonder that both the public and the private sector providers of LCH have not been able to meet up with the planned (demand) LCH as against what was achieved (supply) over a long period of time. Hence, this paper serves as a basis for further research into establishing the actual demandsupply gap of LCH provision in Malaysia. Compliance by all stakeholders to Malaysian 2011 National Housing Policy can no longer be over-emphasised and long overdue. Also, increasing the supply of LCH via tax incentives, government grants, government guarantees for house loans, and Bank Negara Malaysia’s mandate investment lenders to lend to target group among others were recommended to abridge the demand-supply gap of Malaysian LCH.
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spelling usm-406412018-05-30T06:27:26Z http://eprints.usm.my/40641/ An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward Ebekoziena, Andrew Abdul-Aziz, Abdul-Rashid Jaafar, Mastura H1-99 Social sciences (General) The purpose of this paper is to assess the low-cost housing (LCH) provision with a view to suggesting ways to abridge the demand-supply gap in Malaysian LCH. The Malaysian government over the years have attempted to make home ownership for all households regardless of the household income monthly but it seems this is becoming an illusion because of the increasing gap between the demand and supply of LCH provision. Therefore, this paper presents the preliminary findings of an on-going study that is examining the demand-supply gap in Malaysian LCH provision as well as role expected by the 5-year housing plan. It is little wonder that both the public and the private sector providers of LCH have not been able to meet up with the planned (demand) LCH as against what was achieved (supply) over a long period of time. Hence, this paper serves as a basis for further research into establishing the actual demandsupply gap of LCH provision in Malaysia. Compliance by all stakeholders to Malaysian 2011 National Housing Policy can no longer be over-emphasised and long overdue. Also, increasing the supply of LCH via tax incentives, government grants, government guarantees for house loans, and Bank Negara Malaysia’s mandate investment lenders to lend to target group among others were recommended to abridge the demand-supply gap of Malaysian LCH. School of Social Sciences, USM A Kadir, Nadhrah Rahmat, Siti Rahyla Mohd Tayeb, Azmil Mohd, Saidatulakmal 2017 Book Section PeerReviewed application/pdf en http://eprints.usm.my/40641/1/ART_45.pdf Ebekoziena, Andrew and Abdul-Aziz, Abdul-Rashid and Jaafar, Mastura (2017) An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward. In: Social Sciences Postgraduate International Seminar (SSPIS) 2017. School of Social Sciences, USM, Pulau Pinang, Malaysia, pp. 344-351. ISBN 9789671544013
spellingShingle H1-99 Social sciences (General)
Ebekoziena, Andrew
Abdul-Aziz, Abdul-Rashid
Jaafar, Mastura
An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward
title An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward
title_full An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward
title_fullStr An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward
title_full_unstemmed An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward
title_short An Overview of Low-cost Housing Demand-Supply Gap in Malaysia: The Way Forward
title_sort overview of low-cost housing demand-supply gap in malaysia: the way forward
topic H1-99 Social sciences (General)
url http://eprints.usm.my/40641/
http://eprints.usm.my/40641/1/ART_45.pdf