Penang ready to increase quantum of Affordable Housing Fund


GEORGE TOWN: The Penang government is prepared to increase the RM500mil Public and Affordable Housing Fund if it is not sufficient to build 20,000 housing units in all five districts in the state.

Chief Minister Lim Guan Eng said that despite not receiving any funding from the Federal Government, it was able to set up the largest housing fund in Malaysian history by any state government.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Government , housing , Lim Guan Eng , RM500mil

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