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Five-year plan RMMPg aims to supply 7,838 units of affordable homes

Property News/ 14 October 2021 Leave a comment

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The Penang Housing Board has rebranded its five-year Penang Housing Board Development Master Plan for the year 2021 to 2025.

Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the five-year master plan would now be named as Rumah Mampu Milik Penang (RMMPg).

In a media release, it was stated that the RMMPg would comprise nine affordable home projects and five urban regeneration projects.

After his visit to Fairview Residence in Sungai Ara today, Jagdeep told a press conference that the state Housing Board had planned to supply 7,838 units of affordable homes through these 14 projects.

“I would like to congratulate the Penang Housing Board for the initiative,” he said.

He added that the state would continue to monitor the supply of affordable homes for the people.

“We have a target of supplying 220,000 units of affordable homes (various types) under the Penang2030 vision. We strive to achieve our target by 2030.

“We have supplied almost 130,000 units of affordable homes (various types) so far, since 2008,” he said.

He also commended the developer for building low medium-cost and affordable units at Fairview Residence.

On a separate matter, Jagdeep said that the urban regeneration project at the ‘5 Point Blocks’ flats in Lorong Mahsuri 10 in Bayan Baru was scheduled to start by the end of this year.

Source: Buletin Mutiara

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