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Penang’s affordable housing takes a new identity as Rumah MutiaraKu

Property News/ 29 November 2024 Leave a comment

penang-rumah-mutiaraku

The Penang state government is advancing its ambitious Penang2030 vision, aiming to deliver 220,000 affordable housing units (RMM) to address the growing demand for quality, affordable homes.

As of October 31, 2024, 162,689 units are in various stages of development. These include 51,680 units ready for construction, 22,456 under construction, and 88,553 in the design phase. Datuk Seri Sundarajoo Somu, Chairman of the State Housing and Environment Committee, shared these updates during the recent State Legislative Assembly.

In a significant move, the state announced that its affordable housing initiative will be rebranded as Rumah MutiaraKu (RMK) starting January 2025. The rebranding aims to instill a stronger sense of pride and ownership among recipients. “This change underscores our commitment to improving the quality and perception of affordable housing in Penang,” Sundarajoo remarked.

To ensure that subsidised housing benefits the intended groups, a maximum household income limit of RM20,000 has been set for open market applications, effectively excluding higher-income groups, especially the T20 category.

Quality and Assurance

The state government has mandated rigorous quality standards for all RMK developments. Developers are required to meet the Construction Industry Development Board’s (CIDB) Qlassic standards with a minimum score of 70%. Additionally, final inspections by local authorities and technical agencies are necessary before issuing the Certificate of Completion and Compliance (CCC).

Buyers will also benefit from a 24-month Defects Liability Period (DLP), during which developers must address any defects in new housing units.

Redevelopment Projects on the Horizon

The state is also focused on revitalising older housing areas. The Ujong Batu redevelopment project is nearing the final stage of its Request For Proposal (RFP). Another redevelopment initiative, involving Taman Siakap, will deliver 400 affordable units divided equally between the RMM B2 and RMM C3 categories.

However, not all projects have received the green light. The Padang Tembak redevelopment study was not approved under the Fifth Rolling Plan of the 12th Malaysia Plan. Sundarajoo assured that the state would appeal this decision to the Ministry of Economy.

In line with its green agenda, the state plans to distribute free recycling bags to selected areas starting early next year. By December 2025, free distribution will cease, and bags will be sold for RM2 each to encourage sustainable practices and reduce plastic waste.

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