Ministry to identify government land for affordable housing

KUALA LUMPUR: The government is identifying government land in Kuala Lumpur to build more affordable houses for the low income group, Housing and Local Government Minister Datuk Chor Chee Heung told the Dewan Rakyat.

Chor said it was an initiative by the government to enable more people from the low income group to own houses.
"The Federal government might not use land situated within the city but identify locations within seven or eight kilometres outside the city to build houses for those earning not more than RM2,500 a month," he said to an additional question by Datuk Raime Unggi (BN-Tenom) in the Dewan Rakyat on April 6.

He added that the government had also set the ceiling price for low cost houses at RM42,000 to RM50,400, which is within the affordable range for the low income group. The government has also issued directives requiring every housing development to include 30 percent low cost houses in development projects," he said.

To safeguard local interest, the government allows only houses above RM500,000 to be bought by foreigners.-Bernama