Affordable Housing Roadshow – Bayan Baru (20 Sept)

Property News/ 17 September 2014 Leave a comment

In collaboration with state housing department, a new “Affordable Housing” section has been added to this website to bring further awareness to the affordable housing projects in Penang. You can now find out more about the latest affordable housing projects as well as its location. There are also some basic guidelines that can help you to determine your eligibility.

As of Aug 23, the state housing department has received more than 51K applications, but only 3,257 applied for affordable units (RM200,000 – RM400,000). The number of affordable unit applicants is relatively low comparing the number of units that are going to be built in the next 5 years.

>> Apply For Affordable Housing <<

Please note that the purchase of affordable housing (both government & private developer projects) MUST be applied through state housing department. All applications for affordable housing will be vetted by the eight-member panel in the Selection Process Enhancement Committee (SPEC) in accordance to the criteria set for low-cost, low-medium cost and affordable housing units. There is no shortcut to affordable housing other than going through the balloting process, subject to oversight by an independent auditing firm to increase the transparency in the system and to ensure more efficient allocation.

If you are available this weekend (20 Sept), officers from the state housing department together with PDC will be going to Giant Hypermarket in Bayan Baru for the ‘Mission: Home-Possible’ road-show, to showcase affordable housing projects, as well as assisting potential buyer to submit their completed application forms.

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