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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 low income groups 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) 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 family 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.

To ensure efficiency, SPNB has five branches all over the country which are in Pulau Pinang, Pahang, Johor, Sabah and Sarawak respectively. SPNB has also opened two more sales and marketing office in Kota Bahru, Kelantan and Miri, Sarawak.