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AFFORDABLE HOUSING

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Experts call for income-based approach to affordable housing

Malaysia’s long-standing definition of “affordable housing” is starting to show its limits. The widely used RM300,000 benchmark, once seen as a practical guideline, now appears increasingly disconnected from household incomes, regional costs and actual purchasing power. As a result, the country faces a paradox: thousands of homes labelled “affordable” remain ... Read More
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RFP opened for Rumah MutiaraKu on 6.4-acre site in Nibong Tebal

The Penang State Housing Board (LPNPP) has called for proposals for the development of a Rumah MutiaraKu affordable housing project on a 6.4-acre parcel of land located near Kampung Sungai Acheh in Nibong Tebal. According to the Seberang Perai Local Plan 2030, the site is designated primarily for residential use ... Read More
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SkyWorld breaks ground on nation’s largest affordable housing project in Penang

SkyWorld Development Berhad (“SkyWorld”), Malaysia’s leading city developer, marked a significant milestone today with the groundbreaking ceremony in Seberang Jaya, officially commencing the development of the nation’s largest affordable housing project under the Rumah Bakat MADANI initiative. The event was officiated by Malaysia’s Prime Minister, YAB Dato’ Seri Utama Anwar ... Read More
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PROPOSED: 36-storey affordable housing at Teluk Kumbar

A newly proposed affordable housing development is set to be built along Jalan Kampung Masjid in Teluk Kumbar, situated close to the upcoming Silicon Island. The site is approximately a 10-minute drive from Penang International Airport and less than 20 minutes from the Penang Second Bridge. The project will consist ... Read More
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SkyWorld acquires Batu Kawan land for affordable housing project

SkyWorld Development Bhd is set to expand its footprint in Penang with the acquisition of a 25.9-acre land parcel in Batu Kawan for RM48.51 million. The land, known as Parcel 1, is part of a 161.5-acre site in Bandar Cassia, Seberang Perai Selatan, earmarked for the development of Rumah Bakat ... Read More
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Penang housing discount policy set for review to promote inclusivity

Penang Chief Minister Chow Kon Yeow has instructed state Housing Committee chairman Datuk Seri S. Sundarajoo to review the housing discount policy announced for Indian Muslims, with the intention of expanding the initiative to benefit all homebuyers. The directive follows public feedback regarding the recent announcement of a five per ... Read More
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Development must uplift the people, not just the wealthy

Prime Minister Datuk Seri Anwar Ibrahim has called for a shift in urban development priorities, stressing that government projects must focus on uplifting the general population, not just serving luxury interests. Speaking at the groundbreaking ceremony of the Rumah Belia Madani and affordable housing project in Kuala Lumpur, Anwar said ... Read More
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Groundbreaking for RMM Bakat Baru MADANI scheduled for April 2025

The groundbreaking ceremony for the Rumah Mampu Milik (RMM) Bakat Baru MADANI housing project in Seberang Jaya is scheduled to take place at the end of April 2025. Chief Minister Y.A.B. Tuan Chow Kon Yeow previously announced that the ceremony was initially planned for March 2025 but was postponed due ... Read More
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Penang urges developers to speed up affordable housing projects

The Penang state government has issued a strong call for action against developers delaying affordable housing projects. State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu emphasized the urgency of completing these projects to meet the growing demand for affordable homes in the state. Sundarajoo revealed that while over ... Read More
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PROPOSED: Mixed development with 634-unit affordable housing in Jelutong

A proposed mixed-use development in Jelutong, situated along the busy Jalan Perak, next to Skyview Residence. The site is within walking distance of Sunshine Jelutong and the newly opened G.O.A.T Pickleball facility, with convenient access to Tun Dr. Lim Chong Eu Expressway via Jalan Ahmad Nor. The development will feature ... Read More