RM4.22m Worth Of Affordable Homes To Be Developed In Melaka

Posted on: 2019-02-25

The state government, via the Melaka Housing Board (LPM), has partnered with housing developer Delta Diversified Sdn Bhd (DDSB) to develop RM4.22 million worth of affordable housing for Bumiputeras, reported Bernama.

“The project is part of the Melaka state government’s initiative to provide affordable housing for the people and construction is expected to begin within six months from now,” said Chief Minister Adly Zahari.

To be built on 0.33ha site in Taman Cheng Perdana in two years, the housing project will comprise 23 single-storey terrace homes. Of these, 19 intermediate terrace homes will be offered at RM180,000 each, while the four corner lot single-storey homes will go for RM200,000 each.

“Buyers are eligible for a five percent discount, and may apply to purchase the units at LPM’s office,” said Adly following the signing ceremony for the project.
Adly signed on behalf of the state government, while DDSB managing director Tee Kai Loon represented the housing developer.

The signing of the agreement was witnessed by LPM executive director Saleh Mohd Dom and State Secretary Datuk Hasim Hasan.



Share:

Source From: PropertyGuru

Other News & Articles


Understanding Property Investment Basics to Get You Started

Investing in property can be a great way to build your net worth, diversify your investment portfolio, generate cash flow, or build your retirement fund....

Posted on: 2019-10-23

Lower Property Price Ceiling for Foreigners: Crunch Your Numbers Here

PETALING JAYA: The Budget 2020 announcement that the threshold for foreign ownership of high rise property would be lowered from RM1mil to RM600,000 caught many by surprise....

Posted on: 2019-10-23

Budget 2020 Real Estate Highlights

To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be working with financial institutions to introduce a Rent-To-Own (RTO)...

Posted on: 2019-10-15