23 Affordable Housing Projects to Be Built Under RMK-12

Government Announces RMK-12 Housing Plans

The Malaysian government has announced plans to construct 23 affordable housing projects under the 12th Malaysia Plan (RMK-12). These projects aim to address the growing need for affordable housing in the country and support the government's commitment to providing quality housing for all Malaysians.

Project Details and Locations

The 23 affordable housing projects will be located in various states across Malaysia, including:

• Johor (5 projects)
• Kedah (3 projects)
• Kelantan (2 projects)
• Malacca (2 projects)
• Negeri Sembilan (2 projects)
• Pahang (2 projects)
• Perak (2 projects)
• Perlis (1 project)
• Penang (1 project)
• Sabah (1 project)
• Sarawak (1 project)
• Terengganu (1 project)

Project Features and Eligibility Criteria

The affordable housing projects will offer various types of housing, including apartments, terrace houses, and semi-detached houses. The units will be priced between RM50,000 to RM300,000, making them accessible to households with different income levels.

To be eligible for these affordable housing units, applicants must meet certain criteria, such as:

• Being a Malaysian citizen
• Having a household income below RM10,000 per month
• Not owning any other property

Impact on Affordable Housing Supply

The construction of these 23 affordable housing projects is expected to significantly increase the supply of affordable housing in Malaysia.

• The projects are expected to create over 10,000 new affordable housing units.
• This will help to reduce the housing backlog and make affordable housing more accessible to those in need.
• The increased supply of affordable housing will also help to stabilize housing prices and make homeownership more affordable for all Malaysians.

Government Commitment to Affordable Housing

The announcement of these 23 affordable housing projects demonstrates the government's commitment to providing quality housing for all Malaysians.

• The projects are part of the government's broader efforts to address the housing needs of the people, particularly low- and middle-income households.
• The government has allocated RM2 billion for these projects under RMK-12, reflecting its commitment to affordable housing.
• The projects are expected to benefit thousands of families and contribute to the overall well-being of the nation.

Conclusion

The construction of 23 affordable housing projects under RMK-12 is a significant step towards addressing the need for affordable housing in Malaysia. These projects will increase the supply of affordable housing, make homeownership more accessible, and contribute to the overall well-being of the nation. The government's commitment to affordable housing is a testament to its dedication to providing quality housing for all Malaysians.