World

Malaysia plans to build one million affordable homes in 10 years

The Malaysian Government is planning to build one million units of affordable homes within the next 10 years as part of its efforts to help more people, especially low-income earners, to own homes.
Malaysia plans to build one million affordable homes in 10 years ảnh 1Housing and Local Government Minister Zuraida Kamaruddin said the ministry plans to build one million units of affordable homes within the next 10 years.
(Photo: malaymail.com)

Kuala Lumpur (VNA) – The Malaysian Government isplanning to build one million units of affordable homes within the next 10years as part of its efforts to help more people, especially low-incomeearners, to own homes.

Minister of Housing and Local Government Zuraida Kamaruddinsaid the construction of the first batch of 100,000 homes would begin thisyear.

Zuraida said all categories of affordable homes would bebuilt, including those for the bottom 40 (B40) percent income group.

She said the locations and units of homes to be built ineach state would be decided in the near future after discussions with therelevant parties.

The Ministry of Housing and Local Government is also indiscussions with several financial institutions to offer special initiatives tomake it easier for the B40 group to own homes, including rent and sell and bankschemes, she added.-VNA
VNA
#Malaysian Government #one million units #affordable homes #low-income earners #Minister of Housing and Local Government Zuraida Kamaruddin #bottom 40 (B40) percent income group #Vietnam News Agency #Vietnamplus Malaysia
Follow VietnamPlus

Related News

Malaysia plans to revise more than 100 laws

Malaysia plans to revise more than 100 laws

Up to 113 laws will need to be repealed, amended or drafted to meet targets under the Pakatan Harapan’s general election manifesto and the 11th Malaysia Plan, said Liew Vui Keong, Minister in the Prime Minister’s Department in charge of law.
Malaysia vows to pursue free and fair trade

Malaysia vows to pursue free and fair trade

Malaysia will continue to fight for free and fair trade in order to protect the interests of developing nations, the Bernama news agency quoted Prime Minister Mahathir Mohamad as saying.

See more

A meeting of the Lao National Assembly (File photo: VNA)

Lao parliament discusses new development, budget plans

During the NA's 10th meeting, Lao legislators are set to consider the implementation results of the 9th five-year socio-economic development plan (2021–2025), the draft 10th five-year plan (2026–2030), along with budgetary and monetary plans for 2025 and 2026.

A convenience store damaged in the Thailand – Cambodia border conflict in Sisaket province of Thailand (File photo: Xinhua/VNA)

Thailand halts peace deal with Cambodia

The Thai Government views the landmine blast that injured Thai soldiers as a setback to efforts aimed at reducing tensions, and the scheduled release of Cambodian prisoners of war on November 12 will also be suspended.

The Philippines evacuates 100,000 people as Fung-wong intensifies into super typhoon. (Photo: economictimes)

Typhoon Fung-Wong causes severe economic damage in Philippines

Preliminary reports from ReliefWeb estimate combined infrastructure damage in the Philippines from Kalmaegi and Fung-Wong at 292,000 USD, with agricultural losses of 184,000 USD, affecting over 600 farmers and fishermen and 460 hectares of farmland.

Singaporean Prime Minister Lawrence Wong (R) welcomes Thai Prime Minister Anutin Charnvirakul (Photo: thestar.com)

Thailand, Singapore enhance bilateral collaboration

The Thai and Singaporean PMs witnessed the signing of several memoranda of understanding (MoUs), notably an MoU on rice trade cooperation between the two governments, under which Thailand agreed to sell Singapore up to 100,000 tonnes of rice annually.

Indonesia to add 30 urban trains in Jakarta

Indonesia to add 30 urban trains in Jakarta

The addition of new trains is expected to help Indonesia ease traffic congestion, improve the quality of public transport services, and promote sustainable socio-economic development in Indonesia’s most densely populated urban area.

Illustrative image (Photo: Antara)

Indonesia to end diesel imports by 2026

Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia has reported to President Prabowo Subianto that Indonesia is on track to stop importing diesel fuel by early 2026, marking a major milestone in national energy independence.

Director General of the Metal, Machinery, Transportation Equipment, and Electronics (ILMATE) Industry at the Ministry of Industry Setia Diarta during the Opening of GIIAS Makassar on November 5. (Photo: ANTARA)

Indonesia to downstream EV batteries in two years

Indonesia is projecting the downstreaming of electric vehicle (EV) batteries for motorcycles and cars within the next two years, according to Director General of the Metal, Machinery, Transportation Equipment, and Electronics (ILMATE) Industry at the Ministry of Industry Setia Diarta.

At the launch of the programme. (Photo: nationthailand.com)

Thailand launches programme to reduce healthcare costs for citizens

Under the new Memorandum of Understanding (MoU), private hospitals in Thailand must provide complete and accurate prescriptions listing drug names and usage details. This transparency allows patients to choose whether to buy their medicines directly from the hospital or from registered pharmacies outside.

Illustrative photo (Photo: bangkokpost.com)

Thailand delivers tepid rice export forecasts for 2026

Thailand maintains its export target for next year at 7.5 million tonnes, including 3.5 million tonnes of white rice, 1.7 million tonnes of hom mali rice, 1.4 million tonnes of parboiled rice, 600,000 tonnes of Thai fragrant rice and 300,000 tonnes of sticky rice.

ASEAN Secretary-General Kao Kim Hourn (Photo: Bernama)

ASEAN Secretary-General: Higher education will shape the region’s future

The ASEAN chief revealed that the ASEAN Socio-Cultural Community (ASCC) Strategic Plan designates education as a driver for equity and sustainable development. Its agenda calls for enhancing access to quality education, promoting lifelong learning, and integrating green skills into curricula. In short, academic purpose serves societal and community purpose.