Weekly Industry News

Govt’s target of one million affordable houses in 10 years achievable — Rehda

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 however, 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 today.

Media Title: The Edge Financial Daily

Date: 03 Jul 2019

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