Penang Chief Minister Chow Kon Yeow introduced that as of 31 October 2025, the state has accomplished 170,706 housing items below the “Rumah MutiaraKu” programme, attaining 77.59% of its total inexpensive housing goal.
He stated the state goals to ship 220,000 inexpensive housing items by 2030, a aim supported by 17 growth initiatives deliberate below the 2021–2030 Growth Blueprint by the Penang Housing Board (LPNPP).
Chow made the announcement whereas tabling the Penang Funds 2026 on the State Legislative Meeting.
He added that qualification necessities for low-cost and low-medium-cost houses have been refined, with the state now providing versatile possession pathways akin to Hire-to-Personal (RTO) fashions to higher serve eligible households.
For open market purposes below the PN4 class, notably involving the high-income T20 group, Chow stated the state has set a family earnings cap of RM20,000 monthly. This aligns with Division of Statistics Malaysia (DOSM) knowledge, which classifies households incomes round RM18,000 month-to-month as T20 — a class not eligible for state inexpensive housing.
Shared Rental and Co-living Fashions for Susceptible Teams
Chow additionally welcomed the Federal Authorities’s help below the twelfth Malaysia Plan (RMK-12), which incorporates:
- RM55 million below Rolling Plan 3 (RP3) for the Kota Giam Folks’s Housing Venture (PPR), and
- RM30 million below Rolling Plan 5 (RP5) for the north Seberang Perai PPR undertaking.
He emphasised that the state is dedicated to supporting single people and senior residents, particularly these dwelling alone and in pressing want of housing. To handle these wants, Penang is introducing a shared rental mannequin for state rental housing (RSKN) and PPR items, together with potential co-living preparations to make sure equitable entry to housing.
Chow reaffirmed the state authorities’s dedication to making sure that Penangites proceed to profit from inexpensive and appropriate housing choices by Rumah MutiaraKu programme, supported by diversified insurance policies and collaborative growth approaches.
“Penang will proceed working to make sure residents have entry to inexpensive and applicable housing whereas supporting the state’s long-term growth targets,” he stated.
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