80,000 affordable units for FT folk planned

80,000 affordable units for FT folk planned

Prime Minister Ismail Sabri Yaakob says FT dwellers can now own a comfortable house even in expensive neighbourhoods.

Ismail Sabri Yaakob (on stage, third from left), Shahidan Kassim (on stage, second from left) and Residensi Kuchaimas homeowners at the key handover ceremony in Kuala Lumpur today. (Bernama pic)
KUALA LUMPUR:
The Residensi Wilayah Keluarga Malaysia (RWKM) initiative aims to provide 80,000 affordable housing units within 10 years, or 8,000 units a year, until 2028, Ismail Sabri Yaakob announced today.

The prime minister said he had asked the federal territories ministry and its agencies to ensure that the target is achieved by cooperating with private developers as it is crucial for the well-being of Keluarga Malaysia (Malaysian Family).

“In line with the Shared Prosperity Vision 2030 and Agenda 2030, the government is committed to providing affordable and comfortable housing to all segments of the Malaysian Family, including those from the middle-income or M40 group,” he said at the Residensi Kuchaimas house key handover ceremony here today. Also present was federal territories minister Shahidan Kassim.

As of last month, he said the construction of 62,836 housing units involving 102 RWKM projects had been approved for implementation in the federal territories.

Ninety-five projects are in Kuala Lumpur, three in Putrajaya and four in Labuan.

Ismail said the RWKM initiative focused on areas undergoing rapid development where rising property values were a big challenge.

“This is aimed at realising the aspirations of FT dwellers to own a comfortable house in a conducive environment, and most importantly, at a price that is reasonable and affordable,” he said.

On Residensi Kuchaimas, the prime minister said it was one of the RWKM projects built on a 0.64 hectare site with a community that reflected the inclusivity of the Malaysian Family comprising 60.3% Bumiputeras, 37.4% Chinese and 2.3% Indians.

“I’m confident that the Residensi Kuchaimas community will celebrate their similarities and differences based on the values and characteristics of Keluarga Malaysia.

“I truly appreciate the commitment and dedication of the housing developer involved in the programme that helped to realise the government’s aspiration to provide affordable housing to FT dwellers,” he said.

Residensi Kuchaimas has a 49-storey apartment building with 478 units priced at RM198,000 each.

Each unit has three bedrooms, two bathrooms and comes with a covered car park.

Other facilities available for the residents include a child nursery and playground area, shops and surau.

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