There’s the goal of building 1,000,000 units of affordable homes all over Malaysia within 10 years. Within 2019, a total of 100,000 units of affordable homes will be built as announced earlier by our Housing and Local Government Ministry. In Selangor, the goal is 30,000 units by 2025. Earlier article here: Selangor has 30,000 units of affordable homes on the way There’s now more details on one of such affordable home projectsand it’s really attractive too. 1,001 sq ft @ just RM250,000 and there are a total of 1,800 units on a 6.69ha of land in Encorp Cahaya Alam, Selangor.
Article in nst.com.my here. PNSB Construction Sdn Bhd and MGB Bhd (PCSB-MGB) Consortium will cooperate with Must Ehsan Development Sdn Bhd (Must Ehsan Development) which is a full subsidiary of Encorp Berhad and Perbadanan Kemajuan Negeri Selangor (PKNS) to build affordable homes in the state. This will support the state government’s commitment to build affordable housing under the Rumah Idaman initiative. Selangor Menteri Besar Amirudin Shari said the state government is committed to build 30,000 units of affordable housing in Selangor by 2025.
He said, “Under this Rumah Idaman, Selangor folks will get more options on house ownership therefore helping them to improve their quality of life.” The Idaman Cahaya project is a development of residential units with three three bedrooms and two bathrooms apartment with a size of 1,001 sqft at RM250,000. It’s FURNISHED too. The furnishings include television set, television and kitchen cabinets, refrigerator, air-conditioner, wardrobe and water heaters. Do read here for the full article with more details. Article in nst.com.my here.
If it’s your first home, it’s good to also include the affordable units being built as a choice too. It does not necessarily need to be the properties which you could not afford or the banks may not want to approve your loan. Actually even the KLites can consider this apartment because distance wise, it’s just 36km away. Please take a look at the image from google map. A little travelling will meant a furnished home of 1,001 sq ft for just RM250,000. As for the toll, well that’s a calculation which everyone needs to decide because it’s tough to have a perfect situation to all our wants. Happy considering yeah.
Article written and edited by Charles. News article summarised by Dina Batrisyia.
<Featured Image is courtesy of Stock Photos from Koh Wee Leong>
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