KUALA LUMPUR: The 395 unit owners of the old Seri Labuan public housing scheme were overjoyed to receive keys to their new homes at Residensi Razakmas2 from the Prime Minister.
Tan Sri Muhyiddin Yassin said the residents had waited for 10 years for their new and comfortable quarters to be ready as the government continues its efforts to provide affordable housing to the B40 communities in urban areas.
He said that the recently-launched implementation of the Kuala Lumpur Urban renewal programme will be a blueprint for the redevelopment of dilapidated and economically inefficient areas.
Muhyiddin added that it will take areas like the Seri Labuan public housing scheme and transform them into more vibrant areas.
"This would also improve the landscape and property prices within the area," he said on Friday (March 25).
The unit owners - who received their new units for free in exchange for their old homes - will enjoy a larger space measuring 805sqft with three rooms and two bathrooms compared to their old walk-up flats which measured between 400 and 528sqft with only one or two rooms.
They will also enjoy amenities such as covered car park areas, recreational areas and lifts at their new home, which was developed by Aset Kayamas Sdn Bhd.
Meanwhile, 245 tenants who rented units at Seri Labuan will be given the option to purchase units at Razakmas2 at RM198,000, which is below current market rates.
Muhyiddin said last year the government spent RM40mil on maintenance at low and medium-cost housing projects which included repairing roofs and other facilities in 63 projects in Kuala Lumpur and 13 projects in Labuan.
"This was done to ensure the welfare and safety of residents," he said.
Meanwhile, Federal Territories Minister Tan Sri Annuar Musa said the urban renewal programme will continue with the redevelopment of other areas in Kuala Lumpur such as Seri Melaka, Seri Johor, Seri Pulau Pinang and Ikan Emas.
"We will continue to focus on improving the welfare and quality of life of city dwellers and develop an equitable, sustainable and competitive economic sector as we transform Kuala Lumpur to be a city for all by 2040," he said.
He also said the government plans to develop council homes after the Hari Raya with the first project identified at Sungai Udang in Segambut with more than 1,000 units.
"City Hall will work to ensure there are council homes at every parliamentary constituency that will be rented to those who have yet to afford a home," he said.