Penang optimistic about achieving target to build 220,000 affordable homes by 2030
The Penang government is optimistic about achieving the target to build 220,000 units of Affordable Housing (RMM) by 2030.
State Housing and Environment Committee chairman, Datuk Seri S. Sundarajoo, said the target is in line with the agenda ‘Housing for All’, which is the state government’s main core in providing affordable housing for the people of this state.
He said that so far, impressive progress has been made, with 157,073 units of RMM currently at various stages of construction, accounting for 71.4 per cent of the total targeted.
“This figure includes 50,700 units already built, 20,249 units under construction, and another 80,124 units in the planning stage,” he said in a Facebook post.
Sundarajoo added that this progress was shared with the Minister of Housing and Local Government, Nga Kor Ming, during his visit to the minister’s office in Putrajaya on Friday.
The delegation was also accompanied by the Penang Housing Board (LPNPP) chief executive officer Ainul Fadhilah Samsudi, and its chief business officer, Fakhurrazi Ibnu Omar.
Meanwhile, Sundarajoo also expressed gratitude to the federal government for approving a total allocation of RM21.175 million for financing 51 projects.
“A total of RM4.98 million of the allocation has been used for 15 projects under the Housing Maintenance Programme for Public Strata Housing, while another RM16.19 million to finance 36 projects under the Malaysian Housing Maintenance Fund for Private Strata Housing,” he said.
According to him, the allocation for the year 2024 is the largest ever received by Penang since 2020.
In this regard, he hopes that with close cooperation between the state and federal governments, more agendas for public housing, especially in Penang, can be continuously achieved.
Source: Bernama
don’t just focus on quantity. focus on the quality also. look at ideal beehive projects, this is lowering the standard of living by allowing such high density affordable homes built without considering the traffic congestion and livability in surround areas
@Krie
Yes. Obviously, which meaning Queens waterfront project price will drop soon? Looking forward on that.
more like PICC too dense knodo
@Minion
Not really PICC is alike KLCC. Muze is similar as Marriott residence both stand tall with luxury feel.
Queens is very small & mix development that’s why super dense ± high traffic as well.
This condo is not managing well as many owners rented their carpark to outsider & everyone can go up to use facilities. 1M condo but managed by RM400k mindset team. Soon it will downgrade. If you come The Muze then you will agree with me that management here doing far better then Queens.
@Chris
No one talks about queens, why are you so agitated for? This post is about 300k houses (RMM). Is Queens 300k house (RMM)? Are you awake? I’m talking about those Ideal so-called affordable house that necessitate “Upgrades” to have 2 carpark for a thousand-density condo. Are you sure those are livable? Look forward to the ideal venice and ideal residency combo hell
@Krie
I see. Because usually Ideal is more on high density development so Queens it will be the same also but just selling over price. I can see the trend of price may drop later because the location is not well maintained by developer. If you walked around then you will know my meaning.
@Chris
I get what you mean. There’s way too many cases about ideal projects. Queens has complain of water leakage, the balcony glass broken for no reason and hit the ground floor (security issue). etc. I have to agree, Ideal projects are overrated. And who is behind this? No one knows, but we know it is someone powerful. Now they basically almost finish building Ideal projects in Penang, the powerful people won’t over rate it anymore because there is no gain. Those ignorant buyer will suffer. As for those stay rational and avoid ideal projects, can get ready their popcorn
@Krie
100% agree with you on this.
Quality wise already know about it.
High density but after warranty period finishes the maintenance collected are not sustainable at all and need to be increase. The more dense the more usage of the facilities. Worst is the lift maintenance which can cost a bomb. Also the rest of the services provided like management, security, cleaners and etc…Think twice before getting it.
@Krie
One example was their I Santori already, proven there what happened.
@Krie
The light city few projects suffered same fate.
Waterside residence having water leakage issue at carpark area. Queens Q1/2 same also need to have well maintained by developer or else high-end status may downgrade soon.
Security /Management & owners all played a part to maintain it as no more under developer care. Even security & management level in Queens not up to level as Quayside by E&O.
Compound illegal parking/ noise in midnight racing another
factor.
Queens 1/2
Location: Good
Quality: Moderate
Maintenance: Moderate
Security: Affordable house standard level only.
Density: Higher as mix dev
The light
Location: Good
Quality:Moderate
Security: Moderate
Density: Lower
Quality: Moderate
@Krie
Luckily I bought Quaywest.
At least we don’t see such problem & full privacy gated.
The is much better than Queens management & Quality assurance here.
@MajorArches
One foresta/Forestville another doomsday. Upcoming is Ideal Residency/Ideal Venice and the Havana/Maldives. They are going to be second and third of I-Santorini beehive flats. Unavoidable. Because irresponsible development on stupidly high density.
@MajorArches
One foresta/Forestville another doomsday. Upcoming is Ideal Residency/Ideal Venice and the Havana/Maldives. They are going to be second and third of I-Santorini beehive flats. Unavoidable. Because irresponsible development on crazy high density.
@Krie
The Zen & Zen6 little bit much better than those project as managed by AG.
@AG Zen
ya little bit much better as got 2nd place beehive
Havana/Maldives = 3,037 units
Zen/Zen6/Pier = 2,864 units
Ideal Residency/Ideal Venice = 2,850 units
One Foresta/Forestville = 2,685 units
I-Santorini = 2,155 units
@Ashraf
It’s not a correct comparison.
The Zen/Zen6 is allocated in prime location & seaview project.
Zen-1200+unit & Zen6 is only 760units & both different facilities & access.
What I’m mention here is at least Zen6 slightly much better than Queens. Both also seaview project but Zen6 slightly better in privacy & low dense.
Which part of Penang affordable is not beehive especially Bayan Lepas zone?
1. Island one better ideology
2. Industry hiring every year increases
3. Every engineer dreams of being a landlord.
I will be more surprised if no beehive happening.
@Chris
I noticed many cars/bikes congregating and loitering along the road fronting Queens 1/2 during midnight hours…don’t feel safe at all. What’s wrong with this people ? do they have a job ?
not good for the property there when it become hotspot for loiterer…..
What were you doing there yourself during midnight hours? Do you have a job? Those people there might not feel safe at all.
@Oh nice
The usual spot like this with an open concept will have these people hanging around.
For example, Karpal Singh Drive and Gurney Drive.
Some more its an open area and not private area.
Can’t do much about it. Cause no law stated cannot loitering at midnight hours, unless like previous MCO period.
@Betul
I was doing something productive that you don’t need to know.
Are you one of them ? maybe do it in places that meant for that purpose, like a mamak store, public park, not on road side…
@Oh nice
No I am talking about public road for vehicle not waterfont area which of course is meant for pedestrian for recreational purpose……
So anyone who wants to hang out at the road side or a public area must only do “productive” things or ask for your approval first? LOL. Let’s not look down on people who are just enjoying themselves peacefully unless they are creating a nuisance (making lots of noise or throwing rubbish everywhere).
So you busybody what other people are doing by the roadside but you tell me I don’t need to know what you are doing?
@Betul
Same issue in Gurney bay too.
That’s somebody hanging around in park also at midnight & sembang. The light city & Lotus area some motorcyclist grouping too. This is common because famous seaside Promenade & windy that’s why grouping people
@Betul
Let me share your experience here. Don’t buy a mix development condo if possible because privacy is lower & higher density example like Queens/Summerton. Off course that’s pro & cons. Benefit is that you got convenient because shop lot at downstairs. Property appreciation for long term won’t be good in long term. Queens maintenance & security privacy is at low side & not good among high-end condo. Security is not really tight & well trained like Quayside.
If you want for long term investment & good for own stay then better choose condo with compound example like waterside residence/goal coast resort &Quaywest/Quayside where fully residence. This type of condo with full compound will appreciate in long term as better privacy & maintenance.
@Betul
normal people will not question someone passing through or doing something useful ..only camel brain can’t differentiate a waterfront park from a public road and pedestrian walkway….
@Ashraf
I like this list lol… no idea what people are thinking when buying these beehives project. Don’t say no other better options, The Cube 349 units and prime location, Twin Star 586 units, Mandarin residence 646 units. Why will run go buy 3k units house.
Havana/Maldives = 3,037 units
Zen/Zen6/Pier = 2,864 units
Ideal Residency/Ideal Venice = 2,850 units
One Foresta/Forestville = 2,685 units
I-Santorini = 2,155 units
@Krie
Forget to include below these 2 as well. I believe calculation yshould go for total units VS land size (arce). So, those high number total units, usually price will stagnant for years & low appreciation.
PICC = 3000+ units(TBC)
Queens Waterfront= 2000+ units(TBC)
@AG Zen
Real prime location won’t waste on building beehive la, don’t be naive.
U asked a very interesting Q, why wud ppl buy high dense condos while low dense condos are readily available? I believe the answer is, when buying a home, density is not the only consideration, details hv to be looked into, and quality, view, internal layout, developer reputation, and most of all, LOCATION, are all critical factors.
(1) What is the physical impact to occupants when density is high? One might think that within a high dense condo, all the common facilities are mostly packed with ppl. Actually that’s not the case. Even for “mature” (occupancy >60%) high dense condos like OneForesta/I-Santorini, you really hardly see anyone in the common area, due to mostly small families & working couples, while “high density” has no impact to occupants at all while they r in their own house, it is still the same 4 walls within ur own unit no matter you hv 300 or 1000 units OUT THERE.
One of the biggest elements that makes a difference when it comes to condo living is the lifts. You might have 10 lifts servicing 600 units in a block for one “high dense” project, and 4 lifts servicing 300 units in a block for a “low dense” project, and one cud actually be frustrated with lift waiting time for the “low dense” condo as :-
(1) there is actually less lift per unit
(2) units for low dense condo might be bigger, more occupants, hence more frequent lift calling
(3) Speed of lifts in a low dense condo cud be slower, further making it worse
Penang will be and going to be like Hong Kong very very soon with this type of unstopable developments. Then we will see bird cage type studio at RM1mil, then will see the lagi small cage where the rakyat are not able to afford to buy.
@MajorArches
I <3 HK
@MajorArches
Small and expensive condos is not due to “the way developers build it”, but due to people’s income. In Hong Kong, starting pay for a policeman or fire fighter with secondary school qualification is RM10k, while fresh uni grads start from around RM15k-20k per month, and salaries increase quite steeply when one is experienced. That is what makes properties expensive in HK. Can Msia achieve that? You tell me lah :)))))))
@Islander
That’s why I said PICC & Queens both are same beehive as well. It’s not really a prime & prestigious location. Super high dense.
@Ashraf
Why are you pretending to be me? otherwise thanks for adding to the list
@Ashraf
I’m Abdul Ashraf. I’m not pretending of you. You have photo & I don’t have photo. Don’t be sensitive. Just focus on topic discussed.
PICC & Queens/The Zen development definitely far in a same category of beehive. Price will depreciate When the supply is more than demand. Up next it will be Andaman Island as all project built very close to each other in a small Arce of land.
@MajorArches
If,
everyone choose to come penang, work penang, stay penang, buy penang, why not?
The thing is, all these beehive still got people willing to buy, and rent.
Just something natural to happen, to become Hong Kong, we have so limited land, even when the mainland is so big but you all rather squeeze in an island.
Pretty funny that people asking for something impossible, want convenient, big opportunity, and good future development, but low dense, low traffic, good air, and water.
Yes there is, but not affordable.
Ironic.
@Beng
Why are you writing nonsense. There’s almost no debate, high density apartment are just cheaper but long-term useless to own. Having high density apartment meaning you have tons of seller. When there’s more seller than buyer, property will be “compared” to and “negotiated” to. That means, you have zero selling power, because if you not willing to sell at 300k, your neighbour willing to sell at 280k. There’s basically no “lift” issue on condos at all, don’t make up stories lol. Even low medium cost apartment nowadays don’t have lift issue. Even if you have nothing to say d, don’t need take lift to talk nonsense lol
@WC Ong
I don’t bother replying to him. The moment he talk about LOCATION, i know he is drunk d. If he is saying below project is at good location. He is either drunk or know nothing about Penang.
Havana/Maldives = 3,037 units
Ideal Residency/Ideal Venice = 2,850 units
One Foresta/Forestville = 2,685 units
I-Santorini = 2,155 units
@Krie
Location means almost nothing in Penang, within 1hour of traffic jam u can go anywhere anyway.
Funny when people implement housing selection from places like KL into Penang.
@WC Ong
I think you are forgetting not all home owners are speculators. I believe most buyers of sub-RM400k condos are owner occupiers, while it is the other way round for more expensive condos, especially those around areas “perceived” to be in high demand for rentals/investments.
@babyfong
speculator or no speculator. at least don’t daydream and talk nonsense like high density and low density are equal. Admit the fact high density is inferior but is more cheap. Not making up stories about lift wait or whatever lol.
anyway, you stay or you rent or you invest, also you hope your property appreciate. Not let it stay same price follow your myr inflation. You never know what happens tomorrow.
@Krie
PICC &Queens as well.
Mention location like a super prime but density over 2000+.
Nothing different with affordable house.
@Islander
1 hour in penang traffic could’ve been 15mins in good location? Why spend 1 hour when you can spend 15min? Same thing, in KL, 2 hour traffic jam could’ve been a 30 minutes drive? Why spend 2 hour when you can spend 30min instead? If location not important, why not you stay in teluk bahang. You might even own a bungalow there.
Funny when people make big-brain comment without actually having one. Go and tell the gurney homeowners, location is not important, sell me your house 500k.
@WC Ong
I think you misunderstood me on the case of “not speculator” & “owner occupier”. I didnt mean to say just because they are not speculator, they don’t desire to see their property appreciate. I was only responding to your point that “Having high density apartment meaning you have tons of seller. When there’s more seller than buyer….”. That is not always so, it depends on whether the majority of the buyers for a particular project are speculators or owner occupiers, and market data shows that speculators tend to concentrate on “those around areas “perceived” to be in high demand for rentals/investments.”.
@Krie
Actually “desirable location” is not only a function of “travelling time to destination”, but it is also a function of “certain attributes+characterictics”. I think for Gurney/Tanjung Tokong, the attraction is actually not “distance” or “travelling time”. Out of the many expats staying there I have met, none has ever given the reason of “short travelling time to work or to amenities” for staying there. The main attraction there is the “vibes” & the presence of a large expat community there.
@Krie
I agree with you, 15min is better.
But when so many rather jam 1-2hour from mainland or even Kulim/Gurun come here to work everyday, you can tell them why not rent here for 15min distance?
Why jam 4hour to Singapore everyday why not rent at Singapore?
They could say “I go back earlier 1 hour every day can let me earn a banglo?” some will say they need more time with family so prefer 15min, beehive or jam, your choice.
After all, I stick to my point, the majority of those who come to Penang to work are careless about distance, surely 2 hours are still within human endurance.
Those gurney homeowners I doubt they even need to headache of traffic jams if they don’t need to work 8 am.
@Krie
Surely there is a sweet point of acceptance between jam and distance, just giga-big brain if you easily copy and implement KL style without input of local experience.
@babyfong
From his logic, the most ideal location is same building as his office, just take lift go down can reach workplace already.
I bet you only buy low cost
@Minion
Then you are wrong. I stay in the Cove Tanjung Bunga.
That’s why I surprise with development of beehive such as PICC & Queens. Supply more than demand for this type of apartment so definitely it will depreciate & just the matter of time.
@Minion
FYI. Low cost house is best investment in Penang as highest appreciation in subsale. The supply for low cost in Penang is rather low. High-end condo has value but no market.
@Islander
Since when I said it’s about travelling time from house to work? Why must be work? It could be amenities. It could be hospital (human needs). It could be to governmental offices. Try going to komtar from teluk bahang. Anyway, you start talking more nonsense when challenged. I lazy talk to you. Good luck have fun
@Minion
Uncle old already 70 years old.
I bought a Semi D at 29 years old with low cost price merely RM45k & appreciated market price now in 2.5M. No problem.
@babyfong
Yes, if you put it that way, you’re right. I’ve misunderstood your point. But you’re just echoing my point. Because when you said the market is determined by the vast majority. Then it is simple to explain how high density apartment/condo are at higher risk of “sell at loss” owners.
This is just a probability game. 1 rotten apple in 100. 100 in 10,000. So if 1 in 100 owners willing to “sell at loss”. Then 3000 high density apartment has 30 of these people. And they might not have sold it yet. Their post for sale keep the price of the apartment/condo low until they find a buyer. Hence, no appreciation in this property because there will always be the 30 / 3000 sell at loss people existing. UNLESS, one day the apartment/condo can suddenly reduce high density from 3000 become 2500. Then 25 sell at loss people remains. It has nothing to do with whatsoever lift, facilities or even travel distance. It is just human nature in a nutshell. The same goes with speculator vs owner/occupier. 1 speculator in 100 owners. 30 speculators in 3000 owners. Simple math.
FYI, sell at loss people are not bad humans. They might think they made a bad investment decision and want invest elsewhere. They might have financial issue and not able to pay the installment. They might have all sort of reason. But just saying that high density meaning high number of those unfortunate owners.
@Krie
Ya, say me talk nonsense when I bring up something realistic and happening.
Which part of Penang is more jammed now every day?
Do you want to talk about activities that are considered occasions for normal people or talk about going to work that people do it 5days per week?
So I spent an extra hundred thousand to buy a house that I can go hospital nearer? go government office nearer? or go workplace nearer?
We talk about major cases here, I not denying these cases not exist.
@Islander
believe still have, example as below, might not tick all of your list but should still tick most of them, also affordable as per this article post mentioned is including the up to RM500k with income requirement ≤RM15k category ones, not just the lower category ones:
Laguna Bay = 342 units
Foreshore Residence = 995 units
Dua Residensi = 694 units
Ramah Pavilion = 759 units
@Islander
Very simple. Either you willing to spend or not is up to individual.
Example: I worked in FTZ. Question is are you going to spend 300k+ to get a unit in Queens/Muze? Or just stay in 3 residence or The spring. It’s just a matter of traveling time.
For me, I rather keep & go to Karpal Singh drive where the house better in design & amenities. Queens is alike affordable house & not managed well even the security. Muze surrounding still very empty & carpark many floors.
@Islander
The moment you say “Location means almost nothing in Penang” already show, whatever you say or comment is going to be nonsense.
@AG Zen
Queens is alike affordable house?
Suggest you go and surf thru those property platforms, they are marketing from rm950/sqft to rm1300/sqft depends on facing and sizes.
Those owners are successful people and high profile.
Think your comment is also going to be nonsense.
@AG Zen
The whole Queens area no LRT next time ya, don’t forget
@Woon
You are right. So, those area without LRT & price will depreciate logically since poor access. Appreciation will increase for those project with LRT access.
@millionaire
I mean it’s alike affordable house concept but sell with sky-high price. However, price will depreciate later because no LRT access.
@Woon
In my opinion, there are a lot of cons for Queens. Bad security, noisy airplane sound, huge numbers of defects, etc. But LRT is not one of them. In fact, LRT will have zero impact to Penang as a whole. This is because almost every each household has car/motor. And in Penang, we have more motors than any other state in Malaysia. The distance in Penang is within few KMs. Unlike KL or other big capitals in other country, going from one place to another takes a long distance. Penang having LRT is only going to help more bangla to come in and have better commuter rather than bas kilang.
So unless your project is to fill bangla, your property unlikely to be affected by Penang LRT. In this case, queens although has a lot of cons, but is very unlikely to rent to banglas. It will not be affected.
@Zul
Correct for 50% only. Few item I would like to share here.
As of Queens no doubt on cons for security/noisy plane sound.
Everyone allow to enter freely without register & just follow to go inside lobby for free aircon seating. That’s reason why I prefer Quaywest or better manage condo.
As of Bangla, we shouldn’t discriminate them. In Queens, that’s Bangla too as they are from construction site maybe supervisor & rent under company paid. But the facilities control quite bad as probably tenant can bring whole batch of friend to use the facilities. That’s totally no control. For long term, price of condo perhaps will drop due to poor manage & genius tenant will move out.
Speaking of LRT, it has total impact for whole Penang property.
I seriously don’t know what you trying to mention here. If moving population alot then business may grow in certain area of LRT & boost up the price of property in that area. It’s hugely impact instead of no impact. If balik pulau no LRT vs with LRT what’s different? It’s absolutely huge bro
@Krie
I tot you lazy talk to me already? oh well, I welcome to debate, no need to keep insisting one is non-sense or let’s agree to disagree.
I stick to my point that location means almost nothing in Penang. Like I said, “almost”, I don’t say it as absolute, still some minority of people who care like you perhaps.
Growing up in Penang and living on both the island and the mainland, I could tell that most mainland people care less about distance.
Most people who are concerned about distance are folks from the island, crossing a bridge as far as going overseas for them.
@AG Zen
Some said you can’t afford a better house by extra OT 2 hours every day, or just jam in traffic 2 hours every day you got your cheaper choice of a dream home at a further location.
1. Stay near to convenient, but far from your workplace (Suffer 5 days per week)
2. Stay near to your workplace, but slightly far from convenient (Suffer 2 days per week)
I also work in FTZ for 10years plus, and surely you can see how much traffic flow we have every day from the mainland, I’m pretty sure these people have their preferences and make their choices of where they going to stay.
Some even willingly travel from Gurun or Kulim every day, or even by bike to make it more convenient.
If I’m saying nonsense this traffic won’t be as terrible as you see right now.
@Zul
Hahaha, you are right, under existing circumstances, penangites would still be driving even with the LRT. But I was told during last Madani weekend at pesta by an officer that gov is already planning for road toll gantry for all entryways going into FTZ to discourage driving during peak hours. They are targetting 2030-2035 timeframe.
@Juf
If outsider follow someone to enter Queens lift lobby just to enjoy free air cond seating, might as well go to Queensbay mall where you have more than 5 hundred meters stretching long and multiple levels even can use as marathon run.
Say something with logic.
@millionaire
I believe you don’t get my meaning.
The lobby is very much accessible to commercial.
Infront of entrance that’s shoplot as well, and plenty of people walked into lobby & sit even without knowing is residence lobby. Off course that’s some knowing this & still walking in around residence area through lobby as no security on counter for duty. So, is a free seating since no security guard in here. Well you know.. Worst case, commercial parcel still allow to put inside lobby. And those commercial folks walked in freely in & out like Queensbay mall for their parcel collection. This is telling everyone that your lobby area is open up for public.
@Juf
Now only I know Penang got so ”plenty of people” got nothing to do and looking for free air cond seating. Pity those guy always hang around and non productive.
No offence if you are one of them.
One thing I feel funny is that why Queens lift lobby attract so plenty of people to visit? The interior design team no doubt should be honored on their top notch work.
@Islander
The moment you say “Location means almost nothing in Penang” already show, whatever you say or comment is going to be nonsense.
@Krie
Since you are still replying(I mean, welcome to), mean you read what I pointed out right? but still choose to repeat that I’m nonsense over and over, well, I hope you have a nice day and enjoy taking your elevator downstairs to your office directly from your house.
Or maybe you WFH I dunno.
@Islander
The moment you say “Location means almost nothing in Penang” already show, whatever you say or comment is going to be nonsense.
@WC Ong
High density is 100% inferior or lousier compared to low density apartment/condo. Period. Don’t bother explain to those daydreamer so much. Actually they know this fact themselves, but refuse to admit because their own property is high density.
@TF Lai
Yes. Many people said Queens are low density but in actual is high density.
all comment here nonsense affordable home buyer, period.
sour grapes
@Minion
Paying Apple then should expect to get Apple.
Here a lot buying affordable but looking for low density, walking distance, future MRT, quality delivery, and sea view.
Like almost above are unrealistic empty promises from developers most of the time, thanks for being water fish to support Penang economy.
@Islander
I don’t see any wrong as a buyer we should demand more from developer. Some affordable house near to LRT/MRT/The Zen with seaview & cube with better material used & lower density. Why not? That buyers right.
Queens Muze should be the same right? Similar material used just slightly better location. Even 10 floors of car park…omg
@Jeff
Not wrong, but what you can do after the project is completed already? They only can improve on next project the most, not the current one, but by that time price increase 100k again, you not really able to tell if they make the improvement without charge higher.
At the end, maybe premium quality delivered next project, but maybe nama jer affordable, nowadays affordable could expensive than certain condominium d.
Still is paying apple get apple, nothing is free, you have the right to ask for more, they charge you more only.