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DBKL Targets 762,500 Housing Units Under PTKL2040

DBKL Targets 762,500 Housing Units Under PTKL2040

Barnama15 hours ago
GENERAL
KUALA LUMPUR, Aug 5 (Bernama) – Kuala Lumpur City Hall (DBKL) aims to provide up to 762,500 housing units by 2040, in line with the direction of the Kuala Lumpur Local Plan 2040 (PTKL2040), which focuses on the well-being of urban residents.
Kuala Lumpur Mayor Datuk Seri Dr Maimunah Mohd Sharif said the housing stock as of 2020 stood at 500,803 units, comprising both open market housing and affordable housing.
"Over the next 15 years, new housing development will be planned based on the increasing number of residents and households in the capital.
'Housing planning will emphasise the needs of various groups, including youth, B40 and M40 families, senior citizens and other vulnerable communities,' she told Bernama.
She said the plan also introduces the provision of micro and transit units for newly working youths, compact housing for dual-income, no-kids (DINK) couples and young professionals, as well as age-friendly housing for the elderly.
Maimunah said DBKL has also allocated several specific land-use zones for housing, including Residential Zone 4 (R4), designated for affordable and public housing.
She said PTKL2040 emphasises the principle of inclusive development by maintaining a balance between the need for housing, access to public transportation and environmental sustainability.
She added that the housing target also takes into account the potential for redevelopment of existing areas and the provision of government land in strategic locations within the city.
'The pricing of affordable housing is subject to the National Affordable Housing Policy, with a maximum price set at RM300,000 per unit, in line with initiatives such as Residensi Wilayah.
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