By Farah Wahida:
In a bid to invite more people to live in Kuala Lumpur, a set of guidelines for affordable housing in the city will be released by the end of February, said Kuala Lumpur Mayor Datuk Seri Ahmad Phesal Talib.
The Kuala Lumpur City Hall (DBKL) and The Federal Territories and Urban Wellbeing Ministry are now in the final stage of preparing said guidelines.
“The concept of affordable housing is meant for the middle-income earners as they are not entitled to buy low-cost houses and, at the same time, cannot afford high-end units... Therefore, controlling the price and setting specific sizes are among the guidelines,” noted Ahmad Phesal.
“Developers will be required to build units priced below RM300,000, with a built-up area of at least 800 sq ft.”
“We have started imposing such guidelines for some joint-venture housing projects,” he noted.
Three areas across KL have been identified as sites to develop affordable homes. Among these is a 1.6ha land in Sungai Besi that will yield around 300 affordable homes.
“Other projects in the midst of discussions include a joint-venture with Berjaya Group in Desa Tasek, and with another company developing more than 250 units in Setapak.”
Over at Setapak, a developer would set aside 50 percent of a project’s units for affordable homes leaving the rest as luxury homes, he added.
In a bid to invite more people to live in Kuala Lumpur, a set of guidelines for affordable housing in the city will be released by the end of February, said Kuala Lumpur Mayor Datuk Seri Ahmad Phesal Talib.
The Kuala Lumpur City Hall (DBKL) and The Federal Territories and Urban Wellbeing Ministry are now in the final stage of preparing said guidelines.
“The concept of affordable housing is meant for the middle-income earners as they are not entitled to buy low-cost houses and, at the same time, cannot afford high-end units... Therefore, controlling the price and setting specific sizes are among the guidelines,” noted Ahmad Phesal.
“Developers will be required to build units priced below RM300,000, with a built-up area of at least 800 sq ft.”
“We have started imposing such guidelines for some joint-venture housing projects,” he noted.
Three areas across KL have been identified as sites to develop affordable homes. Among these is a 1.6ha land in Sungai Besi that will yield around 300 affordable homes.
“Other projects in the midst of discussions include a joint-venture with Berjaya Group in Desa Tasek, and with another company developing more than 250 units in Setapak.”
Over at Setapak, a developer would set aside 50 percent of a project’s units for affordable homes leaving the rest as luxury homes, he added.
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