3,000 more affordable homes in Penang Island

An additional 3,000 affordable homes will be built on Penang island, said Chief Minister Lim Guan Eng.

“I have directed state secretary Datuk Farizan Darus to find land on the island for those additional homes which will then increase the total of affordable homes to 22,172 units.

“This will cost RM150mil. We must find more money now,” he said in his ceramah during the Sambutan 308 event at the Esplanade recently.

It was announced last month that eligible buyers could sign up for 1,840 affordable houses in Jalan S.P. Chelliah, George Town, and Bandar Cassia, Batu Kawan.

Lim had said the units were part of the state’s RM500mil affordable housing programme that would see a total of 19,172 units being built.

“In Jalan S.P. Chelliah, 550 medium-cost units with built-up areas of 800sq ft, 900sq ft and 1,000sq ft will be priced at between RM200,000 and RM400,000 each while the 770 low medium-cost (LMC) units will have a ceiling price of RM72,500.

“As for Bandar Cassia in Batu Kawan, other than the 520 LMC and medium-cost units, another 11,280 units are in the pipeline and will be built over a 10 to 15-year period,” he said.

“The prices of the units are in compliance with the guidelines set by the Federal Government,” he added. - By The Star

No comments

Note : Advertisement is not allowed in the comments. For owner or agent who interested to post your property advertisement on our Apartment Penang Classified please visit Premium Ad & ProAgent for more details.