






{"id":3529,"date":"2019-07-04T11:56:29","date_gmt":"2019-07-04T11:56:29","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=3529"},"modified":"2021-06-04T14:31:37","modified_gmt":"2021-06-04T07:31:37","slug":"malaysian-developers-confident-government-will-meet-housing-targets","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/malaysian-developers-confident-government-will-meet-housing-targets\/","title":{"rendered":"Malaysian developers confident government will meet housing targets"},"content":{"rendered":"<p>A million affordable houses in a decade? Achievable, says REHDA<\/p>\n<figure id=\"attachment_3530\" aria-describedby=\"caption-attachment-3530\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-3530\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1035485302.jpg\" alt=\"\" width=\"1000\" height=\"691\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1035485302.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1035485302-300x207.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1035485302-768x531.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-3530\" class=\"wp-caption-text\">Double-storey terrace houses in Malaysia. Aisyaqilumaranas\/Shutterstock<\/figcaption><\/figure>\n<p>The Malaysian government\u2019s grand plan to deliver one million low-cost residential units in a decade is viable, an association of property developers has assuaged first-time property seekers.<\/p>\n<p>\u201cOne million (affordable) homes in 10 years is achievable if there is enough resolve and I think that this government has that,\u201d Datuk N K Tong, vice-president of the Real Estate and Housing Developers\u2019 Association Malaysia (REHDA), was quoted as saying by Bernama.<\/p>\n<p>However, the initial target imposed on the first year of the scheme may not be a realistic expectation, he suggested.<\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/malaysias-exemplary-projects-reflect-speedy-journey-to-developed-nation-status\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More: Malaysia\u2019s exemplary projects reflect speedy journey to developed-nation status<\/strong><\/a><\/p>\n<p>\u201cI wouldn\u2019t expect the first 100,000 homes to be delivered within the first year, because from a practical point of view, the gestation period for the development can take up to four years,\u201d Tong said at the press conference for World Class Sustainable Cities (WCSC) 2019, to be held in September in Kuala Lumpur<\/p>\n<p>With good coordination between housing authorities, various government bodies, developers, home buyers, and other stakeholders, such targets &#8220;will be achievable,\u201d he added.<\/p>\n<p>REHDA, along with the Malaysian Institute of Planners and the Institute of Architects Malaysia, organised WCSC 2019 as a networking event for city managers, urban planners, architects, and engineers.<\/p>\n<p>The one million affordable homes arrived last year under a campaign promise by the ruling Malaysian party Pakatan Harapan. Market observers were doubtful it would meet its goals, with CBRE|WTW managing director Foo Gee Jen calling one target \u201ca tall order.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A million low-cost houses in a decade? Achievable, says REHDA<\/p>\n","protected":false},"author":8,"featured_media":20160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92],"tags":[125,368],"class_list":["post-3529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-malaysia","tag-pakatan-harapan","news_country-malaysia","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Malaysian developers confident government will meet housing targets | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/malaysian-developers-confident-government-will-meet-housing-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Malaysian developers confident government will meet housing targets | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"A million low-cost houses in a decade? 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