The Penang state government places much emphasis on the development of public and affordable housing, aspiring to make owning a home possible for all households in Penang.
In Figure 1, less than RM1mil was spent for low-cost housing in 2000. The allocation has been on the rise and is estimated to surge significantly to RM13.8mil in 2018, despite a noticeable slowdown in 2008-2009 – likely due to adjustments in the new administration.
Currently, the state government runs two public and affordable housing initiatives: the People’s Housing Project (PPR) and the Affordable Housing Scheme.
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