GEORGETOWN — August 17, 2017: Prime Minister Datuk Seri Najib Razak today made clear the government’s commitment to continue to focus on providing more affordable housing for the low- and middle-income groups.
In so saying, he described the concept of comprehensive and holistic development as most necessary to ensure that these groups have the capacity to own equity.
“It is for this reason that I recently changed the original criteria to the concept of well-being transformation. When we emphasise well-being transformation, it involves the question of property ownership.
“For me, property ownership is more meaningful than equity ownership for an individual because land is a substantial asset of value to our families.
“As such, we see housing development not solely from the perspective of an economic project but in the concept of development of the people and development of bumiputeras based on the well-being concept,” Najib said during a visit to the Casa Anggun project in Sungai Nibong.
The second phase of the project consists of 340 medium-cost houses of 800 to 900 sq ft at a starting price of RM324,000, twenty per cent cheaper than the market price, and which were sold out in two days.
Najib said the housing agenda is accorded high priority now because the people want and desire affordable houses.
“From the time I took over the leadership of the country in 2009, we assessed what the people wanted and realised that they wanted affordable houses. Affordable houses are close to the people’s hearts. As such, we committed ourselves to building one million affordable houses in the whole country,” he said.
Efforts to implement what the people want cover various levels, including identifying land, either government or private, and cooperation from government agencies, for example in Penang from JKP Sdn. Bhd. and the Penang Regional Development Authority.
Najib said the government would consider an application by JKP Sdn. Bhd. to build 10,000 units of affordable houses on two pieces of land owned by the Agriculture and Agro-based Industry Ministry in Glugor and Batu Maung. — Bernama