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Friday, December 17, 2010

SPNB to sell 6,300 houses in 2011

Syarikat Perumahan Negara Bhd (SPNB), a wholly-owned subsidiary of the Minister of Finance Incorporated (Mof Inc.), has targeted to sell 6,300 houses next year.

"This year, we succeeded in selling about 3,000 units with a total value of around RM400 million," its managing director, Dr Sr Kamarul Rashdan Salleh told reporters here today.

"SPNB is confident that sales next year will double as are going to sell in cooperation with Cagamas Berhad (Cagamas), while offering an attractive package, including, a discount of between 10-30 per cent - depending on the location - along with free legal services.

SPNB chairman Datuk Ir Idris Haron explained that through the cooperation with Cagamas, buyers with an income of RM3,000 and below, will be able to own a RM220,000 house without having to making a downpayment.

"The sale also involves the participation of the Malaysia Building Society Bhd and Bank Simpanan Nasional," he said.

Meanwhile, under the Affordable Homes Ownership Programme (RMM), SPNB is developing 33 projects involving 35,000 units of houses throughout Malaysia and of this, six will be completed next year.

"We are also starting four new projects involving 1,200 units of houses in Kedah, Selangor, Johor and Sabah.These will begin in the second quarter of next year," Kamarul explained.

SPNB, has since 2001, been undertaking the rehabilitation of abandoned housing projects on the instruction of the Ministry of Housing and Local Government.

"However, from March this year,SPNB has not received any new instruction from the Ministry to manage abandoned housing projects.

"Still, if SPNB is asked to assist in rehabilitating abandoned projects, we will not reject the request," Idris said.

To date, SPNB has successfully rehabilitated 77 projects involving 24,326 units at a development cost of RM480 million throughout the country.

Commenting on reports that SPNB had failed to implement the Taman Anggerik Fasa 2, Senawang, project, Idris clarified that it was under the National Housing Board (JPN).

SPNB, he added, would be discussing the issue with the JPN.
SPNB, today,launched the Helpful, Informative, Friendly,Immediate (HIFI)Work Culture Programme at its headquarters here.

The programme is an initiative to transform SPNB into a committed company with an emphasis on customers.

By Bernama

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