News & Articles 150,000 affordable condo units for civil servants
150,000 affordable condo units for civil servants
3 Jun 2015
KUANTAN, June 3, 2015:
Bumiputera property developer RBI Land Sdn Bhd plans to build 150,000 affordable condominium units simultaneously in 84 locations, nationwide, including Sabah and Sarawak, especially for civil servants.
Chief executive officer Roslan Ibrahim said the projects would be developed on Malay reserve land and other land reserved for development within one year.
“This project will provide an opportunity for civil servants aged between 21 and 35 years to own houses,” he said after the launch of a housing project for civil servants here yesterday.
Roslan said the condominium units would retail between RM188,888 and RM368,888 for a built up area ranging between 950 sq ft and 1,150 sq ft.
He said the owners of the Malay reserve land would also benefit from the development of these projects as they would receive handsome returns. This will also pave the way for the birth of many Bumiputera millionaires.
In Pahang, Roslan said, five suitable locations have been identified for development, which is Kota Sas and Permatang Badak in Kuantan, Ubai, Pekan; Temerloh and Mentakab.
Bumiputera property developer RBI Land Sdn Bhd plans to build 150,000 affordable condominium units simultaneously in 84 locations, nationwide, including Sabah and Sarawak, especially for civil servants.
Chief executive officer Roslan Ibrahim said the projects would be developed on Malay reserve land and other land reserved for development within one year.
“This project will provide an opportunity for civil servants aged between 21 and 35 years to own houses,” he said after the launch of a housing project for civil servants here yesterday.
Roslan said the condominium units would retail between RM188,888 and RM368,888 for a built up area ranging between 950 sq ft and 1,150 sq ft.
He said the owners of the Malay reserve land would also benefit from the development of these projects as they would receive handsome returns. This will also pave the way for the birth of many Bumiputera millionaires.
In Pahang, Roslan said, five suitable locations have been identified for development, which is Kota Sas and Permatang Badak in Kuantan, Ubai, Pekan; Temerloh and Mentakab.
Source: The Rakyat Post