Syarikat Perumahan Negara Berhad (SPNB) was established on 21 August 1997 as a wholly owned subsidiary of the Minister Of Finance Incorporated (MOf Inc.) with the objective of providing quality affordable homes for every family in Malaysia in accordance with the National Housing Objective.

SPNB is responsible in implementing Rumah Mampu Milik Programme and the Rumah Mesra Rakyat Programme to ensure those in low income group are able to affordably own comfortable homes, an agency for Rehabilitation of Abandoned Housing Projects, Government Quarters Programme in Klang Valley via SPNB-LTAT Sdn. Bhd. (USL) for various agency and government bodies and Special Project Programme such as for Program Perumahan Rakyat (PPR), housing programmes for Tsunami victims in Malaysia and Acheh, Indonesia as well as resettlement for flood risk area as per instructed by the Ministry of Finance.

Apart from these main responsibilities, SPNB is also dedicated in providing housing for the less fortunate and poverty stricken families in Malaysia by contributing some amount of the company's annual profits towards welfare works such as repairing or reconstructing dilapidated houses under Special Housing Projects via the Amal Jariah Scheme.

SPNB has five branches all over the country to ensure its operational efficiency, which are in Pulau Pinang, Pahang, Johor, Sabah and Sarawak respectively. For wider public reach and efficient service delivery, SPNB has also opened two more sales and marketing office in Kota Bahru, Kelantan and Miri, Sarawak.

Definition for Low Cost, Low Medium Cost & Medium Cost house

The definition for a low cost house, medium low, and medium cost houses are shown in the table below.

No.

Jenis-jenis Rumah

Keluasan Lantai*

Harga

Harga

(Semenanjung)**

(Sabah & S'wak)**

1

Kos rendah

700 kps

Dari RM 35,000

Dari RM 50,000

2

Kos sederhana rendah

750 kps

Dari RM 50,000

Dari RM 70,000

3

Kos sederhana

800 kps dan ke atas

Dari RM 80,000

Dari RM 100,000