Tips On How To Own RUMAWIP (Residensi Wilayah Keluarga Malaysia)

rumawip

Many Malaysians are no strangers when it comes to the Residensi Wilayah Keluarga Malaysia, formerly known as RUMAWIP, especially among those who have settled in the Federal Territory (Wilayah Persekutuan) states.

This is because it gives away the opportunity for locals to own a luxury home in the hotspot city area where most development properties are high in price.

Read this article to know more about Residensi Wilayah Keluarga Malaysia.

project-rumawip

What is RUMAWIP?

Before we start straight away with the tips and guides, let’s have some basic introduction to what RUMAWIP is and the purpose of these property developers. It is an initiative proposed by the government, targeting those who are in middle-income groups, specifically for citizens who reside in the federal territories in the country.

It used to be called RUMAWIP, but according to the official RUMAWIP portal, it has now been changed to Residensi Wilayah Keluarga Malaysia.

The program introduces an affordable housing programme with luxurious amenities that home buyers cannot get anywhere else from other private property developers. RUMAWIP applicants get to enjoy affordable homes with luxury facilities like swimming pools, walking distance to malls and convenience stores, and much more.

The government has clarified that this property program helps overcome common problems and struggles for home buyers with mediocre income, especially in the federal territories.

Moreover, housing has become a critical element for the development across the three federal territories, which are Kuala Lumpur, Putrajaya, and Labuan.

Due to this factor, the market price for properties has significantly increased, making it hard for homebuyers actually to own their dream home or even their first property.

In addition, the factor can also be due to long-distance travel for those residing in other states despite working in the federal states.

An example of a situation is a young man in his mid-20s, Amir, an executive employee in a small company in Kuala Lumpur, residing in Nilai, Negeri Sembilan.

These transportation and distance factors are the main reasons why Amir is eager to apply for this RUMAWIP program.

Fun Facts About RUMAWIP That Most Of You Don’t Know

Dasar Rumah Mampu Milik Wilayah Persekutuan (RUMAWIP) was launched by the Ministry of Federal Territories (KWP) on 8th April 2013. After almost 6 years, on 1st February 2019, it was later rebranded as Residensi Wilayah and now, better known as Residensi Wilayah Keluarga Malaysia.

residensi-wilayah
rumawip residensi wilayah

Residensi Wilayah Keluarga Malaysia refers to an affordable housing program in Federal states, introduced by the government:

  • Unit price does not exceed RM300,000/unit
  • House size is not less than 900 square per foot
  • Comes bearing with a tagline “Residensi Wilayah Residensiku”

In particular, the comfort of life in RUMAWIP property is very important for every resident and future resident.

The characteristics Of Each RUMAWIP Unit Must Contain At Least:

  • Three rooms/bedrooms
  • Two bathrooms
  • Kitchen
  • Living room
  • Small yard to place washing-machine or for laundry purposes
  • One covered parking space

Property developers should provide better specifications of the units for the convenience of the household.

The program also provides complete public facilities and social needs to create a comfortable lifestyle environment for the homeowners.

Some Of The MUST HAVE Necessities That The Developers Should Consider:

  1. Mosque/Prayer room
  2. Community hall/meeting rooms
  3. Management office
  4. Child Care Centre
  5. Kindergarten
  6. Community shop lots
  7. Islamic mortuary management room
  8. Laundry
  9. Library/reading room
  10. Computer room/indoor activities

rumawip-pool

Some of the amenities that are considered nice to have:

  1. Swimming pool
  2. Gymnasium

Useful Tips for RUMAWIP Applicants

useful-tips

Of course, we can see many advantages in this affordable housing project. However, some conditions need to determine your eligibility to apply.

The following are the basic criteria to become a homeowner RESIDENCE WILAYAH KELUARGA MALAYSIA (RUMAWIP) units:

  • A local born-and-bred Malaysian
  • At least at the age of 21 years old and above
  • Born, residing, or working in the Federation State
  • Household gross income monthly income below RM10,000 for singles
  • Household gross income monthly income below RM15,000 for married couples

If you meet all the conditions, it means you are eligible to apply and have the opportunity to purchase RUMAWIP units. While for those of you who do not meet all the conditions, do not worry because there are many other new real estate initiatives offered by the Malaysian government itself.

For example, Rumah Selangorku is one of the housing programs.

To get more tips and info about RUMAWIP Residences, whether in Kuala Lumpur, Putrajaya, or Labuan, you can visit the official RUMAWIP portal or through a valid real estate agent. This also includes the list of Malaysian affordable housing scheme projects available in other states.

PR1MA

rumah-pr1ma

  • 21 years and older
  • Have no more than one property
  • Monthly income RM2,500 – RM15,000
  • House price RM100,000 – RM400,000

Skim Rumah Pertamaku

skim-rumah-pertamaku

  • Aged 40 and under
  • Only for the first house
  • The couple’s salary is not more than RM10,000
  • The salary of an individual applicant is not more than RM5,000
  • House price RM100,000 – RM500,000

PPA1M

ppa1m

  • People aged 18 – 60 years only
  • For first home only, for government employees or statutory bodies
  • Spouse’s salary does not exceed RM10,000
  • House price RM100,000 – RM300,000

MyHome

myHome-skim-perumahan-mampu-milik-swasta

  • At least 18 years of age and older
  • For first home only
  • Spouse’s salary is between RM3,000 – RM6,000
  • House price RM80,000 – RM300,000

Rumah Selangorku

rumah-selangorku

  • Aged 18 years and above
  • Do not own property in Selangor
  • The total married couple’s salary is not more than RM10,000
  • Unit price RM42,000 – RM250,000

How To Buy A RUMAWIP Unit?

You see, this is the tricky part. Some homebuyers, especially those looking for their first house, are not well-informed about the RUMAWIP application.

The first step is to check if you are eligible or not, as stated before on the page.

Let’s say you have met the residency requirements, place of work, or place of birth, and the total income limit has been met; it means that the first obstacle to getting RUMAWIP has been successfully overcome!

That’s great. But…

Now it’s time to register and apply for the scheme on the RUMAWIP portal to find your desired unit.

You can browse and discover all of the available projects, such as the type of property and location that you aim for. Once you have decided what you want, make sure you have all the required documents to apply for this project.

The required documents are as follows:

  • Application form
  • Affidavit
  • Proof of Applicant’s Identity Card
  • Marriage Certificate (if applicable)
  • Salary Slip or Bank Statement
  • Utility Bill (proof of address)
  • Copy of Sale and Purchase Agreement (SPA) for existing properties (if applicable)

There may be other documents required, but that depends on the situation of each application.

Different developers manage each property, so your documents may not be sent directly to the agent.

You should also check first with the property manager or developer for the unit in question to make sure you include the correct details.

Keep in mind that you need to prepare a 10% deposit for the application.

Latest RUMAWIP Projects (February 2022)

Now that we have covered how to apply for RUMAWIP, it’s time to share the latest projects that are still open so you can quickly apply for your dream home!

Before registering, check the list of areas below to know your targeted location. Study each area in depth before making an absolute choice.

Residensi Max

  • Setapak, Kuala Lumpur
  • RM300,000
  • 901psf

Residensi Alamanda

  • Puchong, Kuala Lumpur
  • RM300,000
  • 815psf

Residensi Seruni

  • Cheras, Kuala Lumpur
  • RM295,000
  • 924psf

Residensi MH Platinum 2

  • Setapak, Kuala Lumpur
  • RM300,000
  • 806psf

Residensi Vista Saujana

  • Setapak, Kuala Lumpur
  • RM300,000
  • 810psf

Pangsapuri Vista Danau Kota

  • Setapak, Kuala Lumpur
  • RM300,000
  • 810psf

Residensi Akasia Jubilee

  • Cheras, Kuala Lumpur
  • RM300,000
  • 814psf

The list goes on, and you can refer here to know more about other RUMAWIP properties.

Another option is to inquire about the unit from any authorized agent.

The agent can assist you better regarding property availability, price, layout, plan, and more.

Is this Unit a Good Investment For Homeowners?

The answer would depend on the situation and the amount of time you owe the unit. This can benefit owners in the long run as the properties are located in strategic places and cities populated with people. Take an example at Kuala Lumpur itself.

Owning a house or even a RUMAWIP unit in KL can benefit homeowners if they know how to utilize them well. KL is the hotspot in the country, and many are still looking for affordable options to reside here. RUMAWIP owners can turn their properties for rent in terms of houses or maybe office spaces.

You should know that this scheme also places strict conditions for renting out RUMAWIP units purchased.

Once you get a unit, you can only rent it out to tenants who meet the set criteria, such as must be a Malaysian citizen or the owner has to move out of the Federal Territory.

Can RUMAWIP Properties Be Sold Back To The Property Marketplace?

Unless homeowners have already owned the housing unit for more than ten years, then no, you cannot sell back your purchased house either to the authorized agent or the marketplace.

Potential home buyers debating to get the unit for a short period of time, I would recommend you rethink your choices as this might not be a place for you.


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