Malaysia Targets One Million Affordable Homes Through Modular Construction Technology
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The Malaysian government plans to build one million affordable homes by 2035. According to a report by The Edge Malaysia, this target begins with the goal of completing 500,000 units within four years. This figure represents half of the overall target set.
To achieve this target, the government is using modular construction technology. This method allows parts of homes to be produced in factories first before being assembled at the construction site. This approach is believed to speed up the construction process and reduce costs.
Affordable housing is very important for many Malaysians, especially young people and middle-income families. With this programme in place, it is hoped that more people will be able to own their own homes at more reasonable prices.
So far, further details regarding the implementation of the programme and financing arrangements have not been fully disclosed. The public is encouraged to continue monitoring official announcements from the government for the latest information.
Sources: The Edge Malaysia
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