• Local Government Development Minister Nga Kor Ming said: "This step is one of the collective initiatives between the government and housing developers in providing homes for the people."

KUALA LUMPUR (June 2): The Local Government Development Ministry (KPKT) welcomes the announcement by the Prime Minister Datuk Seri Anwar Ibrahim that private housing developers should also bear responsibility for building affordable homes, stated the ministry in a media release today.

Yesterday, Anwar said he wanted wanted KPKT to review conditions set for housing developers to ensure that they provide affordable housing for all mega projects developed.

Anwar, who is also finance minister, said this was necessary as the requirement for these projects to include at least 30% of affordable housing was not followed according to the schedule and scale set.

The ministry clarified that “every private housing developer must comply with the condition that has been imposed since 1981, which mandates the construction of at least 30% affordable homes in mega housing projects.”

Local Government Development Minister Nga Kor Ming (pictured) said: "This step is one of the collective initiatives between the government and housing developers in providing homes for the people."

He added that: "The ministry is also examining this matter under the new National Housing Policy and the Affordable Housing Policy, which are aligned with the MADANI housing concept, in an effort to ensure active involvement of the private sector in offering the necessary affordable homes according to the locality."

The ministry said “KPKT is always sensitive to the issue of providing affordable homes as homeownership is one of the ministry's main focuses in ensuring the welfare of the people. This aligns with KPKT's role in ensuring more comprehensive and competitive housing planning, which is one of the seven main focuses outlined by KPKT.

SHARE
RELATED POSTS
  1. No settlement, so hearing of appeals by Semantan Estate and govt to proceed tomorrow
  2. US restrictions to impact Malaysia’s AI data centre development, won’t affect broader ecosystem — Chin Tong
  3. Cahya Mata Sarawak shares hit six-week high after surge in profits