{"id":1792,"date":"2018-11-29T08:26:27","date_gmt":"2018-11-29T08:26:27","guid":{"rendered":"http:\/\/pgawards.wpengine.com\/?p=1792"},"modified":"2024-09-19T17:29:33","modified_gmt":"2024-09-19T10:29:33","slug":"will-malaysia-hit-its-affordable-housing-target","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/will-malaysia-hit-its-affordable-housing-target\/","title":{"rendered":"Will Malaysia hit its affordable housing target?"},"content":{"rendered":"<p><strong>Housing authorities on track to fulfill ruling party&#8217;s campaign promise<\/strong><\/p>\n<figure id=\"attachment_1793\" aria-describedby=\"caption-attachment-1793\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-1793\" src=\"http:\/\/pgawards.wpengine.com\/wp-content\/uploads\/2019\/02\/Will-Malaysia-hit-its-affordable-housing-target.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/Will-Malaysia-hit-its-affordable-housing-target.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/Will-Malaysia-hit-its-affordable-housing-target-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/Will-Malaysia-hit-its-affordable-housing-target-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-1793\" class=\"wp-caption-text\">Penang, Malaysia. Naturalism14\/Shutterstock<\/figcaption><\/figure>\n<p>Malaysian housing authorities are confident they can build enough dwellings\u00a0to hit its target of providing one million affordable homes within 10 years.<\/p>\n<p>The Housing and Local Government Ministry made the assessment based on the progress of housing projects between state governments and construction and development firms.<\/p>\n<p>\u201cWith the allocation and ongoing construction projects with collaboration with state governments and private sector, we would be able to achieve the target of building 100,000 houses in a year,\u201d Zuraida Kamaruddin\u00a0<a href=\"https:\/\/www.nst.com.my\/news\/government-public-policy\/2018\/11\/434960\/all-housing-agencies-be-under-housing-and-local\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a>during the Dewan Rekyat on Tuesday.<\/p>\n<p>One million affordable homes were among the campaign promises made by Malaysia\u2019s ruling party, Pakatan Harapan, in this year\u2019s general election.<\/p>\n<p>\u201cIn fact, we are also working on building a big data system that can get an overview and projection on housing need of Malaysia because with a more accurate projection, we can determine the future housing needs more accurately,\u201d Kamaruddin revealed to the\u00a0<a href=\"https:\/\/www.malaymail.com\/news\/malaysia\/2019\/01\/05\/minister-one-million-affordable-houses-to-be-built-in-10-years\/1709377\" target=\"_blank\" rel=\"noopener noreferrer\">Malay Mail<\/a>.<\/p>\n<p>The data would determine markets in oversupply situations; housing prices incompatible with income categories; and non-strategic\u00a0housing locations.<\/p>\n<p>\u201cThere will not be a not a situation like now where there are more houses than buyers, with the housing categories and locations not suitable,\u201d she explained.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housing authorities on track to fulfill ruling party&#8217;s campaign promise<\/p>\n","protected":false},"author":2,"featured_media":19882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-report","news_country-malaysia","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Will Malaysia hit its affordable housing target? 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