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RUMAH MUTIARAKU

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Penang delivers on housing promise with latest RMKu handovers

In a continued effort to ensure housing affordability and uplift living standards, the Penang State Government yesterday officially handed over offer letters for the Rumah MutiaraKu (RMKu) affordable housing projects to selected recipients during a ceremony held at Auditorium F, Level 5, KOMTAR. The ceremony was officiated by YB Dato’ ... Read More
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PROPOSED: Mixed development with affordable housing in Jelutong

A proposed strata mixed development comprising commercial, residential, and hospitality components located in Jelutong, along Perak Road, adjacent to Skyview Residence. The site is within close proximity to major transport links, including the Tun Dr. Lim Chong Eu Expressway, and is approximately a 10-minute drive from both Karpal Singh Drive ... Read More
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Penang launches MADANIHome Ownership Campaign (MOC) to boost housing market

The Penang state government has launched the MADANIHome Ownership Campaign (MOC) 1.0, a strategic initiative aimed at revitalising the local property sector and promoting homeownership among Penangites. Spearheaded by the Penang State Housing Board, the year-long campaign—from 1 June 2025 to 31 May 2026—introduces a range of incentives to stimulate ... Read More
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No tolerance for housing misuse, says Penang housing exco

The Penang State Government is stepping up efforts to combat the misuse of affordable housing, following a high-level enforcement and legal committee meeting chaired by the Penang housing and environment state exco Dato Seri Sundarajoo on May 5. The meeting, held at Bilik Nilam in KOMTAR, marked the first session ... Read More
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Penang to redevelop 3 squatter settlements into modern housing

The Penang government will redevelop three long-standing squatter settlements in Seberang Perai into modern residential areas, offering improved housing to residents at no cost. This initiative is part of the state’s broader aim to eliminate squatter settlements and raise living standards. The affected villages—Kampung Manis (nearly 300 homes), Kampung Main ... Read More
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Penang Government steps in to resolve delays in Quinton and Sri Bayu affordable housing projects

The Penang State Government is actively addressing delays affecting the affordable housing, also known as Rumah MutiaraKu (RMKu) projects at Quinton and Sri Bayu to safeguard the interests of homebuyers. Since taking office, Penang State EXCO for Housing, Dato Seri Sundarajoo Somu, has received numerous complaints regarding the setbacks faced ... Read More
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Juru Hills pilots innovative 5/95 loan scheme to ease homeownership

Homeownership is set to become more accessible with the launch of the Juru Hills affordable housing project (Rumah MutiaraKu). This initiative is backed by an RM18.5 million Tawarruq Financing Facility agreement between Bank Pembangunan Malaysia Berhad (BPMB) and Firma Atasan Sdn Bhd. A key highlight of the project is the ... Read More
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Penang’s affordable housing scheme rebranded as Rumah Mutiaraku (RMKu) with new guidelines

Penang’s affordable housing scheme has been rebranded as Rumah Mutiaraku (RMKu) with enhanced guidelines aimed at fostering a stronger sense of homeownership. The announcement, made by State Housing and Environment Exco Dato’ Seri S. Sundarajoo, aligns with the slogan “Rumahku Syurgaku, Rumah Mutiaraku”. Among the key improvements, Sundarajoo, who is ... Read More
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Penang’s affordable housing takes a new identity as 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, ... Read More