Penang receives nod for 14 TP1M housing projects
THE state Implementation and Coordination Unit (ICU) of the Prime Minister’s Department has approved 14 projects under the 1Malaysia Maintenance Fund (TP1M) for Penang this year.
Eleven of the projects are for Penang Municipal Council and three for the Seberang Prai municipality.
State Housing, Town and Country Planning Committee chairman Jagdeep Singh said these were among the 40 projects under consideration by ICU.
“We applied for 119 projects to be considered under TP1M and we were informed that 40 projects were under consideration by ICU.
“Other than the 14 approved projects costing RM9,772,850 in total, we have had no reply as yet from ICU on the other 26 projects,” Jagdeep said at Komtar.
Under TP1M, the Federal Government bears the maintenance of low-cost and low medium-cost housing units under a 90:10 and 70:30 ratio respectively with management bodies.
The state government has allocated RM50mil to pay for the management bodies’ remaining share of 10% and 30% cost through its Housing Assistance Programme of Penang Yes! (Happy!)
Jagdeep said ICU rejected the application for reimbursement of the Taman Pinang TP1M maintenance works costing RM279,000.
“When we were informed that the (Taman Pinang) project under the low-cost category was being considered, we went ahead and paid the amount for the repair works, particularly for the roof was in critical condition,” Jagdeep said.
“The state government has to bear the entire cost which would only be 10% if the reimbursement was approved,” he added.
Source: StarProperty.my