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Malaysia News: Government Promised to Build 46,873 Private Affordable Houses in Three Years

Housing and Local Government (KPKT) Minister Zuraida Kamaruddin revealed that 46,873 private affordable houses priced below RM300, 000 each will be built throughout Malaysia in the next three years for the bottom40 (B40) and the middle40 (M40) groups.

She said the housing projects would be undertaken by 11 private housing developers and the Menteri Besar Selangor Incorporated (MBI Selangor), under the Shared Prosperity Vision 2030.

“These developers have agreed to build houses with a minimum built-up area of 900sq ft (83.6sq m), using the latest technology to save cost and time, while at the same time, observing the standard requirements. They will also make each place a good residential community, with facilities such as surau, swimming pools, multipurpose halls, playgrounds, schools, mosques, and more.”

“This is in line with the government’s hope to not only make sure the quality of houses is guaranteed but also liveable,” she said at the pre-launch ceremony of the private affordable homes.

Under the first phase of partnership with the private home developers, a minimum built-up area of 900 sq ft houses will be constructed in strategic locations such as Selangor, Kuala Lumpur, Johor, Melaka, Terengganu, and Sabah. MBI Selangor had also agreed to build 30,000 homes all over Selangor, while the remaining 16,873 houses in other states would be built by private developers via 15 development projects.

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The developers are Pembinaan Kery Sdn Bhd, Astana Setia & Euro Saga Sdn Bhd, Besteel Engtech Sdn Bhd, Ekovest Berhad, Platinum Victory Development Sdn Bhd, OCR Group Berhad.

Others are K.T.I Sdn Berhad, Sany Construction Industry Development (M) Sdn Bhd, Ken Hoe Construction Works Sdn Bhd, Eden Development Sdn Bhd and AQRS The Building Company Sdn Bhd.

Zuraida said “In the last one-and-a-half years since PH took office, a total of 386,340 affordable houses have been planned to be built. A total of 39,864 units have been completed, while 181,211 are still under construction. It is hoped that with the private housing developers on board, we would be able to achieve the one million target.”

She added that the Ministry is also engaging in talks to develop 15 to 20 new projects for the second phase of the private affordable housing, which is projected to be finalized by January next year.

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