Weekly Industry News

`1m affordable homes target viable’

Weekly Industry News

The government’s aim to build a million units of affordable houses within 10 years is achievable.

Real Estate and Housing Developers’ Association Malaysia (Rehda) vice-president Datuk N.K. Tong said the public should give the government some time to make it happen.

“Building a million (affordable) homes within 10 years is an achievable target if there is enough resolve. I believe this government has that.

“However, I wouldn’t expect the first 100,000 homes to be delivered within the first year, because from a practical point of view, the gestation period for the development can take up to four years,” he told a press conference for the upcoming World Class Sustainable Cities (WCSC) 2019 conference here yesterday.

Media Title: New Straits Times

Date: 03 Jul 2019

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