A TOTAL of 5,650 units of replacement homes will be ready in 2030 for the B40 group who are residing in four low-cost housing projects in Cheras.
The redevelopment of Sri Pulau Pinang, Sri Melaka, Sri Johor and Taman Ikan Emas low-cost housing privatisation projects in Bandar Tun Razak, Cheras is to improve the livelihood of its residents with new and more comfortable housing and environment.
The current housing units in the said areas, which are over 50 years old, are cramped and lacked basic facilities such as lifts, surau and a community hall.
Bandar Tun Razak MP Datuk Seri Dr Wan Azizah Wan Ismail said the project was mooted since 2016, adding that the first phase of the project was underway and currently contractors were doing piling works at the site.
"This first phase was started in July last year and is expected to be completed by July 2026.
"The relocation of the residents will be in stages and will take some time then," she said during a press conference held after a site visit to the project's location.
The project is a public-private partnership between the Federal Territories Department and Retro Highland Sdn Bhd.
The first phase will have 1,192 units where residents from Sri Pulau Pinang flats identified by Kuala Lumpur City Hall (DBKL) will move in first. Each unit is sized at 850 sq ft
The remaining units will be completed in the second stage.
Out of the total units, 859 of them are individually owned while 4,761 are DBKL rental units.
Owners of individually owned units will get one-to-one replacements.
The project is also equipped with a surau, kindergarten, community hall and shop lots as well as a management office.
Also present was Federal Territories Department director-general Datuk Seri Rosida Jaafar.
The redevelopment privatisation project has two implementation phases built on a 55.94ha land and costs RM1.19bil in total.
Federal Territories Residents Representative Council (MPPWP) Sub-Zone 1 chairman Hanafiah Md Amin said the people are grateful for the project.
"Currently, the people are staying in a 550 sq ft housing unit in Sri Melaka flats.
"The new housing is definitely an upgrade for the people," he said.
The entire project, which includes the construction of roads and open spaces for the community’s recreation and activities, is expected to be completed in July 2030.