THE government has completed close to 140,000 affordable houses for the low (B40) to middle income (M40) groups, and is fully committed to building one million affordable houses, said Prime Minister Najib Razak.

“The government has shown its commitment by completing 139,338 affordable houses, with 311,281 now in various stages of construction,” he told the media after visiting the National-Level Housing Exposition organised by PR1MA Corp Malaysia (PR1MA).

Najib also clarified that the balance of the construction target for affordable houses was now in the planning process.

The expo, themed “Housing Sales Expo – Towards the One Million Dream” will be held over nine days, starting today.

Under PR1MA, 16,000 affordable houses throughout the country with a gross development value of RM4 billion have been sold.

As for the 1Malaysia Civil Servants Housing (PPA1M) project has a construction target of  200,000 houses. To date, 141,774 units have been approved.

“The 200,000 units will be ready in the near future, including 10,000 units especially for members of the police force,” said Najib.

PR1MA chief executive officer Abdul Mutalib Alias said 300,000 units were expected to be approved until the end of this year.

He said 267,640 units had been approved by the board, planners, and others, so PR1MA was confident of meeting the 300,000-unit target.

“The houses on offer cost less than market price, with those in Kuala Lumpur averaging between 30% to 40% lower, while in the rural areas it is 20% to 40%,” he added. – Bernama, March 24, 2018.