• 2 years ago
The Penang government is targeted to build 220,000 affordable housing units in the state by 2030. How are you going to achieve it?
Transcript
00:00 It is not the government building it, it is sort of the whole industry, private sector
00:22 implementing housing project to achieve this target.
00:26 Of course on the part of the state government, we will try to play our role as well because
00:37 our role should be providing even low-medium price houses because there is no way we want
00:46 to compete with the private sector so that each will contribute to the attainment of
00:58 this target.
00:59 In fact, we have set up to 220,000 by 2030.
01:08 At the moment, we should be looking at more than 150,000 already after so many years,
01:17 whether it has projects that had been completed, projects that are still being implemented,
01:25 or projects that had already obtained approval but yet to be implemented.
01:31 Putting all these categories together, we should be about 150 or 180, I can't remember
01:43 the figure.
01:44 But on the onset of the second term, I have asked the Exco in charge to do a study on
01:58 the actual housing needs of the state.
02:01 It should be based on the demand, the real figure, and to see whether we need to review
02:12 and revise our target as well to get more realistic graphs of the housing demand and
02:22 supply situation in the state for us to plan even better.
02:27 Thank you.
02:28 [End of Audio]
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