Gov’t On Track to Deliver One Million Affordable Homes, Najib

Pavither March 27, 2018

 
Out of the one million homes promised by the government, 139,338 units had already been completed, 311,281 were in various stages of construction and the rest were in pre-approval or planning phase, revealed Prime Minister Datuk Seri Najib Tun Razak.

“We have managed to fulfil the government’s commitment to build one million homes,” said Najib following his visit to the country’s biggest housing expo for the lower and middle-income groups.

Dubbed “Ekspo Jualan Perumahan – Ke Arah Sejuta Impian”, the expo showcases the affordable housing projects in Malaysia. It is organised by various state and federal housing agencies, including Perbadanan PR1MA Malaysia, and will run until 1 April.

Najib noted that the federal agencies had managed to roll out various affordable housing projects in Penang, which were in different stages of completion, reported The Star.

Among those built are 2,387 units in Bukit Gelugor, 1,248 units in Batu Ferringhi and 1,017 units in Permatang Pauh.

The homes were offered for RM300,000 and below on Penang island or RM250,000 and below on the mainland.

“This shows that PR1MA can sell houses well below the market prices so that we can give opportunities to low and middle-income earners to buy their own homes,” stated Najib.

Nationwide, PR1MA had built 16,000 housing units with a gross development value of RM4 billion in two years while approving 267,640 homes.

“This reflects the government’s housing agenda for the rakyat and shows that PR1MA is on track to delivering on its commitment to build 500,000 homes for the rakyat,” he added.

 

Image sourced from Kaki Property

 
This article was edited by the editorial team of PropertyGuru. To contact them about this or other stories email editorialteam@propertyguru.com.my
 

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