How many affordable homes has Penang built towards its 2030 goal?

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Penang Achieves 78.43 Per Cent of Its 2030 Affordable Housing Target

As of March 31, Penang has successfully developed 172,550 Rumah Mampu Milik (RMM), or affordable homes, representing 78.43 per cent of its ambitious target to provide 220,000 units by the year 2030. This significant progress underscores the state's commitment to addressing housing needs for low- and middle-income residents.
Rumah Mampu Milik (RMM) Development

The primary initiative, the construction of RMM units, has seen substantial progress, with 172,550 homes completed. This figure brings the state close to achieving its overarching goal of 220,000 affordable housing units by 2030, demonstrating a strong momentum in its housing provision efforts.
Rent-to-Own Scheme Progress

Under the Rent-to-Own scheme, designed to offer a more flexible pathway to homeownership, 5,096 units have been built. This accounts for 23.16 per cent of the scheme's target of 22,000 units, indicating ongoing development in providing accessible housing solutions.
Urban Renewal Programme Exceeds Expectations

The Urban Renewal Programme has demonstrated remarkable success, delivering 6,840 units. This achievement not only meets but significantly exceeds its target by 228 per cent, highlighting the effectiveness of policies aimed at enhancing the quality of existing housing stock within the state.

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How many affordable homes has Penang built towards its 2030 goal?

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