(From left) Low, Ahmad Shahrir, Amirudin Shari and Borhan officiating at the unveiling ceremony of Putra Idaman.
SELANGOR: Oriental Interest Bhd Group (OIB), in collaboration with Permodalan Negeri Selangor Bhd (PNSB) through its subsidiary, PNSB Construction Sdn Bhd (PCSB) unveiled Putra Idaman, a new affordable housing project that aims to support urban growth in Selangor.
Rumah Idaman is a successful Selangor government initiative to address the rising demand for quality, affordable homes in strategically located urban centres. The initiative offers units tailored for B40 and M40 Malaysians, particularly first-time homebuyers and small families seeking a foothold in the property market.
Located in Desa Pinggiran Putra, Putra Idaman spans 6.7 acres and has a gross development value (GDV) of RM125.5mil. Targeted for completion in 2028, Putra Idaman will feature two apartment blocks, offering a total of 502 semi-furnished units. Each unit is priced at RM250,000 and is designed specifically for low to middle-income families.
Under the Rumah Idaman programme, the project was officially launched by Selangor Chief Minister YAB Datuk Seri Amirudin Shari in concurrence with a groundbreaking ceremony for Saujana Idaman, another upcoming Rumah Idaman project by OIB. Present at the ceremony as well were OIB executive director and chief executive officer (CEO) Low Kok Shen, Selangor Housing and Culture Committee chairman Datuk Borhan Bin Aman Shah and PNSB’s CEO YM Raja Ahmad Shahrir Iskandar bin Raja Salim.
Amirudin Shari expressed his appreciation for OIB and PNSB's dedication to delivering comfortable, quality homes with essential amenities, aimed at enhancing the well-being of Selangor’s residents.
“I am confident that the success of projects like Putra Idaman, Saujana Idaman, and other Rumah Idaman MBI developments, which offer affordable prices and a location with good accessibilities, will greatly improve the quality of life for Selangor’s residents. These initiatives also present an appealing opportunity for our youth to become first-time homeowners,” he said.
"OIB currently has over RM1 billion of affordable housing properties in the pipeline under schemes such as Rumah Idaman and Rumah Selangorku with Putra Idaman being the first of many projects under the Rumah Idaman initiative. We believe affordable housing in Malaysia is not just an economic issue, it's a societal imperative. Property developers have a vital role to play in shaping a future where homeownership is accessible to all,” said Low.
Low added that affordable housing projects like Putra Idaman and Saujana Idaman are vital to support the inclusivity and sustainability in the growing townships of Putrajaya, Cyberjaya, and Dengkil, which have shown population growth rates almost three times the national average according to Malaysia’s 2020 population census.
Designed to meet the needs of modern lifestyles, each 1,002 sq ft unit features three bedrooms and two bathrooms, furnished with wardrobes, air-conditioners, water heaters, televisions with cabinets, kitchen cabinets and a refrigerator. Each unit also comes with two parking spaces, adding another layer of convenience for homeowners.
Putra Idaman is set in a gated and guarded community, making it an attractive choice for those seeking a safe and well-planned living environment within a rapidly growing neighbourhood. Putra Idaman is easily accessible via a network of highways such as the MEX Highway, ELITE Highway and the South Klang Valley Expressway (SKVE) as well as the MRT Putrajaya line.
"The launch of Rumah Idaman Putra Idaman is the second project launch for 2024 as scheduled by PNSB. The Rumah Idaman Putra Idaman and Saujana Idaman projects are two joint venture projects with OIB, with an estimated total of 1,360 units out of the 5,783 units planned for the Rumah Idaman development in the Sepang district. This development will undoubtedly add value to Mukim Dengkil,” said Ahmad Shahrir.
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