Most Read
Most Commented
Read more like this
story images
story images
mk-logo
News
Rehda: Stop building affordable homes in areas with low demand

State governments should adopt the Kuala Lumpur City Hall’s (DBKL) measures to avoid building affordable housing schemes in places where there is no demand, said the Real Estate and Housing Developers’ Association (Rehda).

Rehda president Fateh Iskandar Mansor told a press conference today that housing developments larger than ten acres are required to build affordable housing on the development, even if there is no demand for such housing in the area.

As such, developers end up with affordable houses that they cannot sell and will have to put on auction, he said...

Unlocking Article
Unlocking Article
View Comments
ADS