KUALA LUMPUR — February 27, 2017: The Kerinchi Residency project that accommodates 472 households and officially launched today is a reflection of the government’s effort to improve the future of the people.
And what a change for the people there.
Since 1971 they had lived in dilapidated 300 sq ft to 450 sq ft four-storey flats but now they are provided with a 900 sq ft condominium that comes with a swimming pool, surau, playground and other amenities without payment under a trade-off concept.
“Compared to the previous flat that cost only RM50,000, the new condominium is valued at RM500,000.
“I have often reminded leaders that the people’s interests and welfare must be given preference at all times,” said Prime Minister Datuk Seri Najib Razak when officially opening the Kerinchi Residency and the 1Federal Territory reception for the Lembah Pantai parliamentary constituency.
Developed by Suez Domain Sdn. Bhd., the project comprises 472 units of apartments on more than 2.8 hectares at the site of the four-storey flats.
Najib also expressed his disappointment over what he said was a move by the opposition, including Lembah Pantai MP Nurul Izzah Anwar, to foil the project.
Parti Keadilan Rakyat had reportedly influenced the residents not to sign up for the project, resulting in 35 households taking the matter to court.
“Now they regret their action because they are without the new dwellings,” remarked Najib. — Bernama