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Najib: More firms willing to build affordable homes

By Wednesday December 14th, 2011 No Comments

SEREMBAN: More companies and developers have indicated their interest to take part in the Government’s initiative to build quality affordable homes under the 1Malaysia Housing Programme (PR1MA).

Revealing this, Prime Minister Datuk Seri Najib Razak said the response from the private sector had been extremely encouraging and he expressed confidence the Government’s desire to build more such homes in urban areas for the middle income group would be realised.

“More (companies and developers) will be coming onboard,” he told reporters after launching Sime Darby’s PR1MA project in Labu near here yesterday.

Najib said PR1MA Corp was scouring the country looking for areas where more such projects could be carried out.

Launched last year, PR1MA is a scheme to provide affordable quality homes within the Klang Valley for young Malaysians who earn RM3,000 or less.

Depending on the location, the houses would be priced between RM150,000 and RM300,000 while the minimum size would be 243sq m.

Sime Darby, in collaboration with PR1MA Corp, will build some 2,200 dwellings on a 220ha area in Bandar Ainsdale in Labu near here.

It will build 420 units under phase one of the project, with half being landed strata homes and the remaining 210 units comprising low-rise town houses or cluster homes.

The units would also have innovative sustainable features such as a common solar system and rainwater harvesting systems.

In total, it planned to build 21,120 affordable quality homes, roughly half of which would be landed properties, in various such schemes here and in Selangor.

Najib expressed hope that construction would be completed within 16 months.

Source : The Star

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