PCSB-MGB Signs pact with Must Ehsan Development for 'Rumah Idaman'

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By Suriati Ridzuan suriatiridzuan@mystar.com.my

(from left) Perbadanan Kemajuan Negeri Selangor chief executive officer Datuk Mohd Azizi Bin Mohd Zain, Must Ehsan Development Sdn Bhd Chairman Datuk Haji Jaafar Bin Abu Bakar, Permodalan Negeri Selangor Bhd chief executive officer Datuk Sri Haji Ahmad Bin Omar, LBS Bina Group and MGB Bhd Group managing director Tan Sri Lim Hock San during the signing ceremony.

(from left) Perbadanan Kemajuan Negeri Selangor chief executive officer Datuk Mohd Azizi Bin Mohd Zain, Must Ehsan Development Sdn Bhd Chairman Datuk Haji Jaafar Bin Abu Bakar, Permodalan Negeri Selangor Bhd chief executive officer Datuk Sri Haji Ahmad Bin Omar, LBS Bina Group and MGB Bhd Group managing director Tan Sri Lim Hock San during the signing ceremony.

SHAH ALAM: The Selangor State Government's agreement to affordable homeownership was made complete with the signing of the Development Right Agreement between PCSB-MGB Consortium, consisting of PNSB Construction Sdn Bhd and MGB Bhd with Must Ehsan Development Sdn Bhd, which is a joint venture between a totally owned subsidiary of Encorp Bhd and Perbadanan Kemajuan Negeri Selangor.

The signing ceremony was witnessed by Selangor Menteri Besar Tuan Amiruddin Bin Shari, Minister of Economic Affairs Datuk Seri Mohamed Azmin Bin Ali and Minister of Housing and Local Government Puan Hajah Zuraida Binti Kamaruddin.

Rumah Idaman is part of Selangor's latest affordable housing initiative introduced by the Menteri Besar Selangor Incorporated (MBI) early this year. This effort was made to support the state government's goal to build 30,000 affordable houses by 2025. It also aims to help the B40 group in Selangor to own a house.

'Rumah Idaman' features affordable houses priced at RM250,000 with a built-up size of 1,000sf. It consists of three bedrooms, two bathrooms and two parking bays. The units will be fully furnished, with one TV set, TV cabinet, refrigerator, kitchen cabinets, air conditioners, water heaters and wardrobe.

LBS Bina Group and MGB Bhd group managing director Tan Sri Him Hock San lauded the state government’s commitment to increase the provision of affordable housing units. “We share the government's passion to ensure housing is made affordable and attainable to every Malaysian. With our combined experiences in developing quality residential and commercial developments, we are confident of delivering quality Rumah Idaman homes that will raise the benchmark for affordable housing in Selangor,” he said.

He also highlighted that the development of affordable houses has gone beyond brick and mortar. It is about building sustainable communities and inclusive living environment with amenities and facilities to enhance the well being of its residents.

"Owning a home can be a problem for many homebuyers with housing affordability being a major issue,” said Amiruddin. With that in mind, the Selangor State Government has introduced a range of initiatives to provide and improve access to affordable housing.

According to Amiruddin, the implementation of Rumah Idaman will deliver more quality affordable housing options to help the lower and middle-income families to have a roof over their head.

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