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Kuala Lumpur to add 10,000 more ‘affordable homes’

29 7 0
24.01.2019

THE Malaysian government is planning to build 10,000 units of affordable homes within the next three years as the demand for mid-range properties grows in a market heavily-reliant on upscale units.

Dubbed the “Residensi Wilayah”, Federal Territories ministry, which oversees matters related to the capital, said the development is tipped to be an “improved” version of the Rumawip housing projects launched by the previous government.

SEE ALSO: Why Malaysia is now a property buyer’s market

Federal Territories Minister Khalid Abdul Samad said each of the new units would be slightly bigger at 900 sqft, offering 100 sqft more space than the average Rumawip unit sizes, while........

© Asian Correspondent