Land probe may affect affordable home supply


People’s housing: People viewing artists’ impressions of PR1MA projects at an exhibition in Kuala Lumpur. As of March 2018, some 140,000 PR1MA homes were under various stages of construction while 15,000 units have been completed nationwide. — Bernama

PETALING JAYA: The sale of 64 Kuala Lumpur City Hall (DBKL) land lots being probed by the Malaysian Anti-Corruption Commission (MACC) could affect the supply of affordable homes – should investigations drag on.

According to reports, it has been alleged that nearly half of the land lots were disposed of for Federal Territories Affordable Housing (RUMAWIP) development – while the rest were earmarked for high-end residential and commercial developments.

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Business , DBKL , land , 64 , MACC

   

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