KOTA BHARU: The commitment undertaken by Barisan Nasional and Pakatan Harapan to develop 5,000 units of affordable housing within the next five years if the alliance secures a win in Kelantan in the upcoming state elections is a golden opportunity for the B40 group there to own homes.
Real Estate and Housing Developers' Association Kelantan chapter deputy chairman Datuk Samsuri Awang Mat said increasing property prices have caused many to miss out on owning homes.
"According to current market prices, a terrace house within a 20km radius of the town centre costs about RM220,000. If the affordable units are offered below that, I hope that plan can be successfully implemented,” he told Bernama here on Sunday . Among the pledges include 5,000 units of affordable housing units that will be built within five years, in addition to a 50 per cent rebate discount for housing plan process fee for the first house especially for the B40 group, youths and those who have just started a family.
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