GEORGETOWN, Jun 1 – State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo attending a soft launch of the RM300,000 per unit affordable housing by Ideal Property Group in Seri Tanjung Pinang. He hold a press conference said that some of 40,000 units of various house will be build in Penang by 2025.
It was to meet the state’s housing demand. The state’s projected to be increase by quarter million to about 2 million from the current 1.6 million over the next decade. There will be a total of 35,118 units of houses will be in the categories of low-cost, low medium-cost and affordable housing.
“We are prepared to build more quality houses in the line of the population growth in the Penang. Meanwhile, we have also enlisted to help the private sector to cater for the house buyers to purchase the houses in low cost, low-medium-cost and affordable housing categories,” said Jagdeep.
“The state government had formed a private-public partnership with five developers to build more expected new houses especially in the affordable housing category. The affordable housing projects will be located in Batu Kawan, Teluk Kumbar, Bayan Lepas, Sungai Ara and Tanjung Tokong areas,” he said.
“The offers made by the Ideal Property for the features of apartment units is to dedicated their child daycare centre to relieve their burden of their parents working. Lastly, we have also received 12,606 of the the submission from the private sector. So far we are still remaining in 22,512 units which 12 projects located in the five districts on the island and the mainland are builded by state-owned Penang Development Corporation over the next 10 years,” he added.
