MK Land to build low-cost homes in Cyberjaya
Dec 20, 2012 - PropertyGuru.com.my
By Farah Wahida:
In a bid to help low-income earners acquire a home, MK Land Holdings Bhd announced today that it will continue to build affordable houses even in high-end residential areas.
Chairman Tan Sri Mustapha Kamal Abu Bakar revealed that the company plans to construct affordable houses in Cyberjaya although most developers there want to build luxury houses only.
“MK Land's plan to continue building affordable homes is in line with the government's intention through the 1Malaysia People's Housing Programme (PR1MA) to help the people own houses, particularly in the Klang Valley,” he said.
Mustapha Kamal added that the company is willing to share its experience and cooperate with the government in undertaking affordable housing schemes, adding that his experience 30 year experience in building affordable homes has earned him the title
“King of Low Cost”.
“MK land is an affordable home developer whose experience we are prepared to share with the government to build similar houses for the people," he said.
Moving forward, MK Land plans to build 3,000 affordable houses in Cyberjaya in 2013.
Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email farahwahida@propertyguru.com.my