KUALA LUMPUR – The government is determined to find solutions to the sudden surge in construction costs as a result of the Russia-Ukraine conflict, as it is affecting house prices, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
He said the National Affordable Housing Council will find solutions to the problem to make it easier for people to own houses.
He said the government aspired to build 500,000 affordable homes for Keluarga Malaysia under the 12th Malaysia Plan, towards realising the “One Family One House” vision.
“This aspiration is very close to my heart and the government understands that young people want to have their own houses, especially when they retire,” he said at the ground-breaking ceremony of the PR1MA Malaysia Corporation residency at Astrum Ampang here today.
Also present were Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican and PR1MA Malaysia Corporation chairman Datuk Fathul Bari Mat Jahya. – Bernama, April 29, 2022