The Real Deal: Will pay-per-use work in affordable housing?
A pay-per-use or opt-in model can potentially and quickly become an operational minefield.
A pay-per-use or opt-in model can potentially and quickly become an operational minefield.
Deputy Minister of Works Datuk Seri Ahmad Maslan told the Dewan Rakyat that the RM1.
The project entails the construction of a 25-storey residential block which will house 264 units of serviced apartments.
The terraced homes, priced from RM585,000, measure 20ft by 70ft with a built-up of 1,789 sq ft.
With a net lettable area (NLA) of 240,000 sq ft, the KLGCC Mall is part of an integrated development that includes Menara KLGCC and Senada Residences.
Instead of minimising abandoned housing projects, the HCGS would potentially be counter-productive, because it would be akin to guaranteeing developers’ profit, even if they run away.
Net profit surged 80.
Tan explained that this increase is fuelled by a wave of serviced apartment new launches now commanding RM1,000–RM1,500 psf, especially around the Bukit Chagar area.
This was put forth during the Arec: Forum 2025 panel discussion titled "Masterplanning the Future: Reawakening Cities that Breathe and Thrive".
In his 66-page ruling released Tuesday (July 22), Justice Datuk Lee Swee Seng stated the decision favoring the government was straightforward, citing the broader need to shield public entities from litigation that could impede governance.