News about HDA

The issue of “affordability or rather the unaffordability” of houses remains a major issue for the rakyat and industry alike.

The 14th International Conference on World Class Sustainable Cities (WCSC) 2023 looks at how the world endeavours to reconcile urbanisation with sustainability objectives.

Transitioning to a world-class sustainable city involves more than managing carbon emissions.

The initiative saw six teams presenting their innovative ideas for the revitalisation of two zones surrounding Merdeka 118 to be more resilient.

Winning team will showcase their ideas at the International World Class Sustainable Cities (WCSC) Conference this month.

“While we know that the trend towards urbanisation will continue to expand, KPKT recognises that this must be done in an orderly and proactive manner which includes ensuring that older buildings are given a new lease of life, even as newer buildings appear to fill the growing demand of urbanisation.

The city, along with other major urban centres, must establish and implement a comprehensive urban resilience strategy to address the impacts of various hazards, including those linked to climate change.

Participants are required to analyse the site and come up with innovative ideas that will contribute to placemaking and enhancing community engagement while preserving the identity, culture and heritage of the area.

Having emerged from the pandemic a year ago with everything continuing to normalise and getting better, and with elections out of the way, developers are optimistic about the next year.

Datuk NK Tong: Just as developers have cross-subsidised affordable housing, perhaps financial institutions can be encouraged to look at cross subsidies to help finance affordable housing or set up a special fund or quota to give home loans to borrowers in lower income categories (B40 group).