fbpx
Connect with us

News

Tun M: 100,000 Affordable Homes Will Be Built By End of 2019 for Malaysians

Published

Tun M: 100,000 Affordable Homes Will Be Built By End Of 2019 For Malaysians - World Of Buzz 2
Source: Malay Mail & The Star

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Good news for people who are looking for homes! The government has promised that they will build up to 100,000 affordable homes that will not cost more than RM300,000 by end of 2019. Prime Minister Tun Dr Mahathir Mohamad says that this is in line with the National Housing Policy under the Housing and Local Government Ministry.

Tun M: There'll Be 100,000 Affordable Homes Built By End Of 2019 - World Of Buzz

Source: malay mail

One of the government’s top priorities to make sure that the citizens have an efficient supply of affordable homes, The Star reported. Dr Mahathir also reiterated the government’s promise to help the citizens, especially the lower income group, during his speech at the launch of Gamuda Bhd’s digital industrialised building system (IBS) on Thursday (May 2).

He hopes that by doing so, the lower income group can have a comfortable living space in a good location where they have more opportunities for employment, as well as economic opportunities. “In effect, this will elevate their socio-economic status and, in turn, will contribute to a healthy economic growth for the nation,” he added. That’s true!

Tun M: 100,000 Affordable Homes Will Be Built By End Of 2019 For Malaysians - World Of Buzz

Source: astro awani

“The lower-income or bottom 40% (B40) income group and middle-income M40 group are the main focus of the National Housing Policy over the next five years,” he said. In fact, the government had proposed in its manifesto to build a million affordable homes within the next decade, which is about 100,000 affordable homes every year.

If you’re thinking that these affordable homes would be low quality and small then you’re wrong! “The specifications include built-ups of not less than 900 sq ft with the necessary types of amenities, facilities, and infrastructure being developed,” he said. That’s a decent size! 

Tun M: 100,000 Affordable Homes Will Be Built By End Of 2019 For Malaysians - World Of Buzz 1

Source: the star

During the launch of the revolutionary system that includes Building Information Modelling (BIM), an online design tool, and IBS in public housing projects, Dr Mahathir said that the tools would be very helpful for the government’s target of building affordable homes.

“I was informed that Digital IBS provides an opportunity to upscale our local workforce for the future. Moving towards digital IBS technology will enable developers to build cheaper homes in a shorter period of time,” he said, as IBS did not need much labour and helps reduce costs.

Hopefully, this can ensure that Malaysians with lower income are able to actually buy their own homes in the future!

 

Also read: Here’s How The New National Housing Policy Will Affect Malaysians

Here's How The New National Housing Policy Will Affect Malaysians - World Of Buzz 7

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 21 Collage 21
News15 hours ago

“Allah planned it this way” – Kelantan Deputy MB Responds to Arrest of Kelantanese Singer in Thailand

Just recently, a Kelantanese singer with 5 other individuals was arrested by Thai Police. 6,000 meth pills were also found...

My Post 1 2024 11 04T150004.665 My Post 1 2024 11 04T150004.665
News17 hours ago

Anthony Loke: Govt Will Cease The Sales & Registration of NGV Nationwide Starting July 2025

Starting from July 1, 2025, all vehicles using natural gas (NGV) will no longer be allowed to be registered or...

Collage 14 1 Collage 14 1
News18 hours ago

Zahid Hamidi: Johor to Introduce RM4K Starting Salary for Skilled Workers with Diploma, RM5K for Degree

The launch of the Johor Talent Development Council (JTDC) has made Johor the first state in Malaysia to establish a...

Feat Image Jail Ic Feat Image Jail Ic
News18 hours ago

This Controversial Law Can Land M’sians Up to 5-Year Jail, RM50K Fine Just for Not Having MyKad with Them

There have been many viral stories in the past about Malaysians finding themselves in trouble with the authorities for not...

My Post 1 2024 11 04T122638.683 My Post 1 2024 11 04T122638.683
News20 hours ago

M’sian Teenager Sentenced to Life in Prison in the UK for Attacking Sleeping Schoolmates with Hammer

A Malaysian teenager has been sentenced to life in prison in the United Kingdom (UK) after he attacked 2 of...

Collage 13 1 Collage 13 1
News20 hours ago

After 5 Months, Bodyguard Who Allegedly Assaulted OKU E-Hailing Driver Will be Charged in KL High Court

In an incident that occurred in May, a Malaysian e-hailing driver with a disability was reportedly punched by an escort...

Collage 12 1 Collage 12 1
News21 hours ago

Moo Deng, The Cute Baby Hippo Taking World by Storm, Wins Video of the Year at TikTok Awards Thailand!

Moo Deng has blown up on TikTok, where her cute videos have racked up millions of views. With her chubby...

Feat Image Tgif Feat Image Tgif
News2 days ago

Popular Restaurant Chain TGI Fridays Files for Bankruptcy Due to Prolonged Financial Challenges

Popular restaurant chain TGI Fridays has filed for bankruptcy in the United States after suffering prolonged financial challenges and a...

Announcement

Latest Videos



TRENDING TODAY