Living amongst futuristic skyscrapers and scrumptious food in the capital city of Malaysia is pure bliss. You’ve got modernity when you need it as well as beautiful suburbs to retreat to, on the other hand. Of course, being able to live in Kuala Lumpur comes with a price – and a rather hefty one at that. However, you’d be glad to find out that as with almost every other state in Malaysia, there are housing plans made available to help you achieve your dream home, right here in the city of Kuala Lumpur.
Today’s read will present to you a list of the most affordable housing schemes in Kuala Lumpur in 2021!
Residensi Wilayah, or RUMAWIP, is a housing scheme dedicated to assist potential homebuyers belonging to the low or middle-income range. The homes that are available under this scheme is priced below the market value, making this scheme an attractive option for many.
To be eligible for this scheme, applicants have to be Malaysian citizens aged 18 and above, with a monthly household income not exceeding RM10,000 for single applicants, or not exceeding RM15,000 for married applicants. Prices of properties under this scheme can be as low as RM63,000 or as high as RM300,000. Additionally, this scheme is only available to applicants residing or working in Kuala Lumpur, making it an optimal scheme for the city dwellers of Kuala Lumpur!
The E-Perumahan DBKL housing scheme is ideal for applicants interested in securing public housing. The scheme offers a variety of public housing options, ranging from studio units to 3-room units. The caveat in this is that only married applicants are eligible for this scheme. Otherwise, this scheme is dedicated to low-income groups with a household income not exceeding RM3,000 (for low-cost homes) and not exceeding RM4,000 (for medium-cost homes.)
An attractive feature of this scheme is in the variety of homes made available. For applicants looking towards living in areas such as Kenari, Kuang, Gombak and Seri Tioman, this scheme is extremely suitable, as a myriad of low and medium-cost homes are available in these areas, under this scheme. Furthermore, applicants are only eligible for this scheme, provided that they are residing or working in Kuala Lumpur, making it all the more sensible to apply for this scheme if you’re looking for a housing loan in Kuala Lumpur.