Most property developers in Melaka are locals willing to keep housing affordable, says state govt

Melaka Government News

Most property developers in Melaka are locals willing to keep housing affordable, says state govt
Rais YasinRedhaReal Estate
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Photos posted on social media recently show the loving couple in matching outfits and linking their arms as they crossed the street.

MELAKA: The Melaka government is proud that the majority of property developers in the state are owned by the locals willing to keep the prices of residential units at an affordable price in line with the wishes of the current administration, says Datuk Rais Yasin .

"We are always willing to work closely with the state Real Estate and Housing Developers Association to look into the setbacks they face like the unsold units through a win-win approach and this was the reason housing developers here are happy with the state government," he said after launching the Melaka edition of Malaysia Property Expo 2024 a leading shopping complex here on Friday .

He said the state also managed to maintain its status as the state offering the lowest housing prices in Malaysia and the achievement is influenced by the state government’s housing policy, which stipulates that every housing development must consist of at least 50% affordable housing. Rais noted that the state housing policy was designed with the view that deserving groups are not left out from enjoying comfortable and affordable housing development.

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