1997
21st August 1997: SPNB was established under the Ministry of Finance (MOF).
2000
USL was formed (51% owned by SPNB). A joint venture between SPNB and Armed Forces Fund Board (LTAT) established to build army quarters in the Klang Valley.
2001
Ministry of Urban Wellbeing, Housing and Local Government (KPKT) appointed SPNB as implementation agent for the rehabilitaion of abandoned projects.
2002
SPNB introduced Skim Rumah Keluarga Nelayan Terengganu which was designed to assist lower income earners. The program name was then changed to Rumah Mesra Rakyat (RMR-People Friendly Homes).
2003
530 houses completed.
2004
Majlis Keselamatan Negara appointed SPNB as an implementation agent to provide homes for flood and tsunami victims in Kedah, Penang and Acheh.
2,802 houses completed.
2005
Rumah Mesra Rakyat programme was expanded to Sabah and Sarawak.
3,734 houses completed.
2006
4,485 houses completed.
2007
12,301 houses completed.
2008
6,757 houses completed.
2009
9,229 houses completed.
2010
11,453 houses completed.
2011
5,082 houses completed.
2012
New designs were introduced using IBS (Integrated Building System) and IBS Hybrid System.
2012
