Nine developers will showcase a total of 2,747 affordable housing units in four districts at the south atrium of Queensbay Mall from 10am to 10pm.
State Housing Committee chairman Jagdeep Singh Deo said the affordable units would be open for registration from tomorrow till Sunday.
He said 867 low-cost (LC) units, 9,283 low medium-cost (LMC) units and 17,080 affordable units were being built under the state government’s 17 affordable housing projects.
“The state government will maintain its LC and LMC price at RM42,000 and RM72,500 respectively.
“We have even lowered the ceiling price of affordable housing on the island from RM400,000 to RM300,000,” he told a press conference on Monday.
Jagdeep said the expo, which was incepted in 2014, first showcased the state government’s own projects before it was joined by other private developers.
“It is important to hold this kind of housing expos to create awareness among Penangites on the availability of affordable units in the state.
“The state housing committee will also be present at the expo to assist in new applications, update current applications and attend to enquiries pertaining to the projects,” he said.
The projects available for registration are Dua Residensi and Hijau E-Komuniti (Bandar Cassia) by PDC Properties Sdn Bhd, Tri Pinnacle by Aspen Vision Ventures Sdn Bhd, The Park by Silver Channel Sdn Bhd, Ramah Pavilion by M Summit Corporation Sdn Bhd, Prestige III by PLB Land Sdn Bhd, Quinton by Prisma Bumiraya Sdn Bhd, I-Condo @ One Foresta and I-Santorini by Ideal Property Group, Granito by Taman Sri Bunga Sdn Bhd and Iconic Vue by Iconic Land Sdn Bhd.