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Phase One Of Mytransit Project To Start In February

Last update: 22/01/2018

PUTRAJAYA, Jan 22 (Bernama) -- Development of Phase One of the Youth Transit Housing (MyTransit) will start next month on two plots of land in Kuala Lumpur owned by the Federal Lands Commissioner.


Urban Wellbeing, Housing and Local Government Minister, Tan Sri Noh Omar said building of the 2,010 units of MyTransit homes in the sub-districts of Batu Muda and Kepong involved 1,201 studio apartment units of 400 sq ft in size each and 809 semi-luxurious condominium units of 550 sq ft each.


"The MyTransit housing programme is an initiative to assist the M40 (middle-income) group in major urban areas through the provision of transit homes until they can afford to purchase a more comfortable and spacious home for themselves."


He told this to the media after the signing of a agreement on the MyTransit development and monthly assembly of the ministry, here, today.


Noh said this initiative would be implemented together with BMG Global Sdn Bhd, acting as the investor which would fund the planning and building costs while the government provided the land.


He said the project would be on a cross-subsidy basis, with 2,010 MyTransit units rented out to young people and 3,824 units of affordable homes (RMM) be sold to those eligible.


"BMG Global will get its returns on investment through the sale of the RMM units of 800 sq ft in size at RM300,000 per unit,” he said.


With regard to the MyTransit homes, he said one of the attractive aspects would be the rental at RM400 per month for the studio unit and RM550 for the apartment unit, which were 30 per cent lower than the market rates.


Noh said there would be an element of forced saving as the rental paid would be returned to the tenants after the end of the tenancy period to enable them to pay for the deposit when buying a house.


He said another 6,000 units were planned for Phase Two of the MyTransit development.


On installing of safety nets at the public housing projects (PPR) in the federal capital by Kuala Lumpur City Hall to avoid mishaps to residents, Noh said it was a short-term solution.


"The long-term solution is changing the attitude of residents not to throw rubbish and other discards from high-rise blocks.


"Hence, we plan to organise awareness campaigns as fixing safety nets and taking enforcement action will not suffice if there is no civic consciousness among the residents," he said.


-- BERNAMA