Emkay proposes project to build rm70,000 houses
Published on: Saturday, October 20, 2018
Selangor: Emkay Group Founder and Executive Chairman Tan Sri Mustapha Kamal Abu Bakar has proposed to build low-cost houses priced at around RM70,000 per unit in Kuala Lumpur (KL), if the government can provide suitable locations and land for the development.He said the proposal could solve some of the housing affordability problems, especially in the city centre."Building affordable houses in city areas like KL is not a problem because the infrastructure, including roads, water and electricity supply, is already in place.
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"These are savings to developers which can be passed on to house buyers, but the government and local authorities must also expedite the various documentation processes including giving approvals to the projects," he told a media briefing in conjunction with the group's 35th anniversary here on Friday.Stay up-to-date by following Daily Express’s Telegram channel.
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