After World War II, there was a shortage of homes in Japan, as many had been destroyed by aerial bombings.
“We had to build more homes for the people, especially those who needed affordable homes,” Japan’s Parliamentary Vice-Minister for Land, Infrastructure, Transport and Tourism (MLIT) Masamune Wada said in a recent meet-up with Malaysia Housing and Local Government (KPKT) Minister Zuraida Kamaruddin.
According to MLIT, there was a shortage of about 4.2 million homes in 1945. However, with the public housing initiatives by the government, the situation began to improve as housing supply increased gradually.
Wada’s meeting with Zuraida was facilitated in conjunction with the EdgeProp Malaysia Study Tour on Excellent Building Sustainability, Management and Wellness 2019 in Japan from Oct 3 to Oct 5.
The study tour was organised by EdgeProp Malaysia and supported by Panasonic. Among the 34 delegates were leaders of top property development companies in Malaysia and judges of EdgeProp Malaysia’s Best Managed Property Awards.
Media Title: The Edge Financial Daily
Date: 18 Oct, 2019