MK Land Holdings Bhd ready to help state governments on affordable housing projects

MK Land Holdings Bhd ready to help state governments on affordable housing projects

IPOH, April 10 — MK Land Holdings Bhd is ready to help any state government that wants to implement affordable housing projects, said its founder, Tan Sri Mustapha Kamal Abu Bakar.

He said they had also found a lot of land in several states that could be developed to carry out affordable housing projects in assisting home buyers to own houses.

“Malay reserve land, land owned by the State Islamic Religious Department as well as Menteri Besar Incorporated can be developed and the state government will earn a new stream of revenue from taxpayers,” he told reporters after launching the sale of 162 units of (Ruby) affordable homes in Taman Meru Perdana here, today.

Mustapha said so far, MK Land has worked with the Selangor and Perak state governments in providing assistance in terms of expertise and experience in the construction of affordable housing.

On the number of housing units that have been built by MK Land, Mustapha said that they had built 46,800 housing units with a sales value of RM7 billion, of which 30,600 were affordable homes with a sales value of RM2 billion.

— BERNAMA

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