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A total of 10,000 units of affordable homes will be required to be built, double the initial number, which was 5,000.

This is following the government’s decision to rescue the ailing Federal Land Development Authority (Felda) and Tabung Haji (TH).

Five years ago, Chen Sheng put up 200 million yuan (RM123 million ringgit) to construct 258 luxury villas. Today, the completed houses sit empty as the villagers fight for more than their share.

“The Penang government was also advised to continue consulting the community and people affected by the reclamation project to ensure that all the needs are given due attention,” he said.

The parcel is fronting the Federal Highway and next to Sunway Serene may be up for sale.

Estimated to be worth some RM500 million, the 33-storey building is newly built and sits on a 49,449 sq ft site. It comprises 1.04 million sq ft in gross floor area and 450,000 sq ft in net lettable area. 

With all these transit-oriented developments becoming available, finding a home that is conducive for live and play, with public transport for easy commuting to work is easier than ever. 

The 12th AYDA is themed “Forward: A Sustainable Future” and it aims to challenge the next generation of architects and interior designers to break the boundaries of current design concepts by immersing their creations with functional elements of social sustainability.

Seven factors of impact were considered: energy, air pollution, water pollution, greenhouse gas emissions, waste, forest and green spaces, and public transport.

The PMO said Bandar Malaysia will serve as a global hub to further attract high impact global finance, technology and entrepreneurial firms.