**Malaysia's Affordable Housing Target Reaches 89% In September 2024**

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Post on Oct 22, 2024

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Malaysia's Housing Woes: Reaching the 89% Target, But Is It Enough?

The Malaysian government's ambitious target to provide affordable housing for 89% of the population was finally reached in September 2024. This is a significant milestone for the country, as it signals a major step towards ensuring that everyone has a roof over their head.

However, reaching this target doesn't necessarily mean that everyone has access to decent and affordable housing. The reality on the ground is a bit more complex.

The Fine Print: What Does Affordable Really Mean?

While the government's definition of affordable housing might include units priced under a certain threshold, the truth is that the real cost of living in Malaysia is often overlooked.

This includes things like:

• Maintenance fees: These can be hefty, especially for newer developments.
• Location: Affordable housing units are often located far from city centers, adding to the daily cost of commuting.
• Property taxes: While these might be lower for affordable units, they still add up over time.

A Deeper Dive into the Data:

Despite reaching the 89% target, there are still concerns about the quality and livability of affordable housing units. Some argue that the focus on quantity has led to a compromise in quality, with limited access to amenities like parks and green spaces.

Furthermore, the government's affordable housing scheme has not kept up with the rising demand for larger units, particularly for families. Many families are still struggling to find affordable housing options that can comfortably accommodate their needs.

Looking Ahead: A Need for More Than Just Numbers

While the 89% target is a positive step, it's important to remember that affordable housing is more than just a number. It needs to be a holistic solution that addresses the needs of diverse communities and considers the long-term cost of living.

The government needs to continue focusing on quality and affordability alongside quantity, ensuring that these homes are truly accessible and sustainable for all Malaysians.