PETALING JAYA: The revived Bandar Malaysia will be the test bed for the Pakatan Harapan government’s new housing policy, with 10,000 units of affordable homes to be built on prime land in Kuala Lumpur.
Housing and Local Government Minister Zuraida Kamaruddin said that along with great facilities and affordable homes, there would be a 60ha park at Bandar Malaysia.“These 10,000 units of affordable homes are the government’s commitment to cater for the lower income groups of M20, B40 and first-time house buyers, including the youth. The housing units will be built vertically but are not high-rises.
Zuraida said Prime Minister Tun Dr Mahathir Mohamad had earlier given the ministry the green light to proceed with the affordable homes in Bandar Malaysia, provided she could settle the land matters on which the units were to be built. It will be developed by a joint venture between a consortium comprising Iskandar Waterfront Holdings Bhd and China Railway Engineering Corp Sdn Bhd and the government in a 60:40 ratio.
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