Weekly Industry News

Rehda: Govt`s one million affordable houses in 10 years target achievable

Weekly Industry News

The government’s aim to build one million units of affordable houses in ten years is achievable, said the Real Estate and Housing Developers’ Association Malaysia (Rehda).

Vice-president Datuk N.K. Tong said the people should give the new government some time.

“One million (affordable) homes in 10 years is achievable if there is enough resolve and I think that 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: The Star

Date: 03 Jul 2019

Photo Credit

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.