SHAH ALAM, 22 Oct: The Selangor Government is targeting for 35,000 affordable housing units (RMM) in the next five years.
The Executive Councillor in charge of Housing, Building Management and Urban Settlement, Iskandar Abdul Samad, said that the government will increase the number of affordable homes through the Housing & Development Board (HDB) or but existing affordable homes and place it under the HDB.
Through the Harakah Daily portal, he said the RM450 million allocation is aimed to involve the construction of 5,000 to 7,000 affordable housing units over the next five years.
“From the total projects of private and subsidiary companies of the state government, we target for 35,000 units of affordable homes to be built in Selangor in the stipulated period.
“We will not sell all the units because a part of it will be rented out to those who cannot afford to buy a house,” he said.
Iskandar said the State Government is focusing on private companies by placing requirements to build affordable housing in the first term of the Pakatan Rakyat administration.
“The housing problem is not just in terms of house prices, but the low income of the people. So to accommodate the number of people who cannot afford to buy a home, we will create homes to be rented to them, such as council homes,” he said.