FREE MALAYSIA TODAY. 1ST JUNE: Prime Minister Anwar Ibrahim says developers are not meeting their 30% quota of affordable houses for mega projects.
Prime Minister Anwar Ibrahim wants the local government development ministry to review the conditions for housing developers to ensure that they provide affordable housing in all mega projects.
Anwar, who is also finance minister, said the 30% affordable housing threshold for housing projects was not being met.
“That is why I have asked local government development minister Nga Kor Ming to review and set new conditions,” he said in Putrajaya today.
Anwar said housing developers must abide by this condition so that the middle-income group can afford to buy their own homes.
Anwar added that 200,000 houses costing less than RM300,000 were needed to meet the demand of civil servants nationwide.