KUALA LUMPUR: The government has no plans to increase the price of People's Housing Project (PPR) despite calls from developers for an increase in the prices due to rising costs of building material.
Minister of Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan said there would be no change in PPR houses that are sold at RM35,000 a unit.
"We cannot deny that there is pressure to increase the price as the cost of building such units has been increasing year by year," he told reporters after opening the World Habitat Day 2013, here, 7th October.
According to Abdul Rahman, PPR houses are build at a cost of RM160,000 a unit and the government absorbs the difference through subsidy, for the benefit of eligible families.
"That is not all, the government also provides special funding for the maintenance," he said.
Abdul Rahman said a study would be conducted to provide special incentives to developers of PPR houses, including tax relief.