Perak Targets 57,000 Affordable Homes by 2030 Through CIDB Partnership

IPOH: The Perak Housing and Property Board (LPHP) is strengthening efforts to deliver affordable housing in the state through a strategic collaboration with the Construction Industry Development Board (CIDB).

LPHP chief executive officer Mohamed Akmal Dahalan said the initiative supports the agency’s role as the lead under the Perak Sejahtera 2030 plan, which emphasises Availability, Affordability and Accessibility.

Perak

Based on population growth projections and current home ownership rates, Perak will require 57,407 housing units by 2030. Progress will be tracked via the Perak Housing Dashboard, scheduled for launch in September.

Under the memorandum of understanding signed on Jan 23, LPHP and CIDB will cooperate to implement housing projects aligned with the state housing policy. The partnership also standardises designs for low-cost (Perakku 1) and medium-cost (Perakku II) homes through CIDB IBS Sdn Bhd, allowing pre-approved building plans to speed up approvals, reduce costs, and ensure construction quality.

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Staff Writer

Recent Posts

Shopee Brings Digital Commerce Skills to Johor Entrepreneurs

Shopee expanded its Rai Lokal Jelajah Komuniti programme to Johor, equipping local entrepreneurs with digital…

4 hours ago

Vertiv Unveils Digital Twin Platform to Accelerate AI Factory Deployment

Vertiv introduced the first converged physical infrastructure digital twin for NVIDIA Omniverse DSX, enabling faster…

5 hours ago

API Integration: The Foundation of Connected Financial Ecosystems

API (Application Programming Interface) integration allows different software systems to connect and exchange information automatically.…

6 hours ago

KiN Hotel Group Enters Malaysia with Hotel Maya Transformation

KiN Hotel Group enters Malaysia through the takeover of Hotel Maya Kuala Lumpur, bringing its…

8 hours ago

Generali Unveils Redion to Strengthen Global Care and Travel Protection Services

Generali has launched Redion, unifying Europ Assistance and GEB under one global Care platform to…

10 hours ago

Manulife IM Malaysia Launches Singapore Equity Fund Amid Market Reforms

Manulife IM Malaysia introduces the Singapore Equity Fund, offering investors access to income and growth…

12 hours ago

This website uses cookies.