Penang Affordable Housing 2018

Under budget 2018 the government has increased allocation to address rising cost of living and affordable housing issues among the lower to middle income group. The state government will stand firm on the 30 per cent low cost lc and low medium cost lmc housing quota requirement. The housing affordability will continue to remain as a nagging issue among the average penangites.

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Jagdeep singh deo says the new scheme will enable more people to own homes.

Penang affordable housing 2018. Online registration for affordable housing. In collaboration with the state housing division we are determined to bring you the latest update on penang affordable housing development. Written by michelle brohier.

On this page i try to show all the affordable housing projects that i have come across and will add to this page from time to time. The 14th penang election was held on 9 may 2018 to elect the state assemblymen of the 14th penang state legislative assembly the legislature of the malaysian state of penang. For details read penang state government s housing schemes these are located mostly on penang island with a few also at penang mainland.

Housing affordability at the island city continues to be challenging. 106 people like this. Penang affordable housing project.

There are currently more than 50 projects in the pipeline with some of them located in the prime locations such as tanjung tokong georgetown sungai ara and etc. All affordable houses are priced not more than rm400 000. The recent budget 2018 gave the housing sector an allocation of rm2 2 billion with over 50 000 units being prepared under the affordable housing programme and more financing programmes such as pr1ma to help malaysian citizens afford their first homes.

Penang state government s affordable housing scheme 10 july 2015. 107 people follow this. The legislature had been dissolved on 9 april by the state s governor abdul rahman abbas on the advice of the then chief minister lim guan eng who also led the state s ruling pakatan harapan ph coalition.

Here is a full list of affordable housing developments in penang undertaken by both state government and private developers. Through the pmm scheme the state government aims to provide a range of affordable homes in various strategic locations across penang. For those who are interested to buy affordable housing below rm400 000 you must register yourself with the state housing department of the state government using one of the following methods.

Predeep nambiar november 15 2018 7 55 pm. Real estate agent in george town malaysia. Penang moots new affordable housing scheme.

The government has been focusing on providing affordable housing in the recent years. Penang affordable housing scheme penang affordable housing scheme pmm is a penang state government initiative in an effort to provide quality housing at affordable prices for penangites.