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Johoreans Can Now Buy A House With Only RM1 As Deposit

The first phase of the new housing scheme will be launched on 22 March in Johor Bahru.

Cover image via XPACIFICA/National Geographic Creative

Sultan Ibrahim Ibni Almarhum Sultan Iskandar will be celebrating his 59th birthday this Thursday, on 23 March

To celebrate the occasion, the Sultan of Johor is gifting his people a special surprise — a new housing scheme called 'Rumah Impian Sultan Ibrahim' (Sultan Ibrahim Dream House)

This initiative will see a total of 1,840 homes, including semi-detached houses and bungalows, built in phases at three different locations. The project is under the Sultan Ibrahim Foundation and in collaboration with Bank Rakyat.

These houses will cost less than RM100,000 each, and successful applicants would only need to pay a deposit of RM1 for a full loan with an easy repayment scheme.

"I want Bangsa Johor to be a home-owning society,” he said.

"I want this to be a first-of-its-kind housing scheme that is truly affordable, offering the cheapest and best quality houses to the people," Sultan Ibrahim said in a statement yesterday, 20 March.

Sultan Ibrahim not only envisions his subjects to be a home-owning society but one that enjoys communal living

He said that it is his desire to see a multiracial community and instil neighbourliness through this new housing schemes.

To promote unity among Bangsa Johor, it is said that the houses will be built without fences.

"I want a house that does not have any fencing, if possible. We can mingle with neighbours, and chat in the evenings," he explained.

The Johor Sultan has many great plans for this upcoming developments

Using his own RM100 million funds to finance the project, Sultan Ibrahim revealed that these affordable houses will be built near the town, about 10 to 20 minutes' drive.

Phase 1 of the project will see the construction of 600 new houses in Bandar Dato Onn in Johor Bahru.

Sultan Ibrahim told NST in an exclusive interview that the new homes are to be of good quality and will provide comfort to the people of Johor, as he realised that the housing estates in the past were built in congested areas.

"I want a place with enough parking spaces, where each home would have one lot to park their vehicle and a site for owners to leave their cars at a fee of between RM3 and RM5 per month to have them guarded," he was quoted as saying.

Who is eligible for this new scheme?

The scheme is open to all Johoreans.

Sultan Ibrahim said that priority will be given to couples with children and singles without any inheritance. He added that candidates that have yet to own a house and are from the low-income group are welcomed to apply.

Responding to a question by NST on how he would ensure a balance composition of those who are given the opportunity to own these homes, he said, "Of course I want people of all races to get the homes and not just Malays. It's for Bangsa Johor who qualify."

More information will be revealed during the launch of Phase 1 of the project tomorrow, 22 March, at the Galleria at Kota Raya in Johor Bahru.

Cover image for illustration purposes only.

The Johor Sultan is known as the people's ruler who spends time with his subjects:

If you're a Johorean, you could probably relate to this:

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