PENANG — Land reclamation project off the southern coast of Penang Island has nothing to do with 1Malaysia Housing Scheme
Gerakan urged the DAP-led state government to not confuse the people, by linking the 1Malaysia Housing Scheme to the state government’s controversial reclamation projects in the southern sea of Penang.
Penang Gerakan Secretary Oh Tong Keong said the 1Malaysia Housing Scheme has nothing to do with the state government’s reclamation projects.
He pointed out that until now, no particular housing project under the 1Malaysia Housing Scheme has been approved by the state government and even the proposed land reclamation projects in southern sea of Penang are yet to be finalized in accordance with the proper procedure.
“We do not know how these two unrelated proposals can be linked together by the state government in their defense of their reclamation projects,” said Oh in a statement.
According to Oh, 1Malaysia Housing Scheme is actually the housing project implemented by the federal government via the government link companies. They aimed to build affordable houses priced between RM200k and 300 k each, the prices of which are 20% below the market value. These affordable houses will then be sold strictly to selected low and medium income groups.
This kind of low and medium income orientated housing scheme is a standalone concept and should not be linked to the proposed land reclamation projects by the state government.
Oh said, the 1Malaysia Housing Scheme implemented by the federal government on federal land has met many hurdles, including being deliberately obstructed by the Penang government.
We feel it is very unlikely the state government would allow the federal government to implement the 1Malaysia Housing Scheme by building affordable houses priced 20% below the market value on the prime reclaimed lands in the southern sea of Penang.
Oh said Chief Minister Lim Guan Eng had already made it very clear that the lands reclaimed in the southern sea of Penang would eventually become state lands and they would be sold according to the market value to generate profits for the state government to fund the proposed RM27 billion Penang Transport Master Plan (PTMP) mega infrastructural project.
We have strong reason to believe that the state government is making use of the proposed PTMP mega infrastructural project to justify the 4,000 acres of land reclamation projects in southern sea of Penang. In fact, the computation showed that the ultimate total market value of the 4,000 acres of land reclaimed is definitely multi-fold of the RM27 billion, far exceeding the costs needed to construct the PTMP mega infrastructural project.
Oh also said if the said reclaimed lands were to be sold to the federal government link companies in accordance to the market value, then the land costs alone will be too high to allow the companies concerned to build the affordable houses priced 20% below the market value. Definitely the federal government link companies would not opt for this proposal.
He said the 1Malaysia Housing Scheme will be implemented on federal lands. One typical example where the lands in Air Itam in Penang owned by the 1Malaysia Housing Development Company were sold cheap to the developer of the 1Malaysia housing project, which proves that the federal government is serious to resolve the woes of the low and medium income groups to own house.
Therefore, Oh hoped the people of Penang will not be easily deceived by the state government that affordable houses will be built on the reclaimed lands.
“We have a duty and moral obligation to reveal the hidden agenda regarding the land reclamation projects in the southern sea of Penang, which is to be an instrument for speculation of land prices in Penang.”