SHAH ALAM, 17 Feb 2012 : The state's first affordable homes project undertaken by a private developer in Sg Long, Kajang, is expected to be completed this September.
This project is in line with a new policy by the state government that allows private developers to build affordable homes in the place of low-cost homes.
"This new policy is to increase the number of affordable homes in the market," said state executive councillor for housing Iskandar Abdul Samad in a statement on Monday.
He visited the project site, on which will sit 136 affordable home units in two blocks of five-storey flats, on Feb 10.
The project began last June and is almost done with its bricklaying stage.
Each unit has a size of between 830 and 870 square feet and will be sold at a price not exceeding RM89,000 each.
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| Iskandar (middle with specs) visiting the affordable homes project in Sg Long on Feb 10. |
Iskandar said this policy aims to give those whose households have a monthly income of RM2,500 to RM5,000 a chance to buy their own home.
Affordable homes are to replace low-cost homes in areas without demand or inappropriate for low-cost homes.
Private developers were roped in to help meet the high demand for affordable homes in the state which left the Selangor State Development Corporation (PKNS) floundering.
"For example, construction of affordable homes by PKNS in Bandar Baru Bangi which began last June have now only reached the piling stage," read the statement.
Other than Sg Long, other affordable home projects in the state include in Seksyen U10, Shah Alam where 536 units will be built.
Iskandar hoped that the joint efforts of PKNS and private developers will result in sufficient affordable homes in Selangor.
