Federal Territories Minister Khalid Abdul Samad said the project, built over 1.32 h of land, comprises two 39-storey blocks with 1,050 units in total. Khalid said there was high demand for affordable housing as thousands were still on the waiting list. This is the seventh Residensi Wilayah project completed by Aset Kayamas. In total, the developer has completed 4,770 units.
"Each unit is 800sq ft with three bedrooms, two bathrooms and one carpark, sold for RM198,000. Owners could also opt to have their units fully furnished for an additional RM30,000.
"This project is in line with our vision for affordable housing to be close to public transportation. There are two LRT stations within 1km, accessible via covered walkways.
"As such, the residents can use the LRT instead of having to drive their own cars. This way, we hope to tackle housing and traffic congestion issues together," he said at a ceremony to hand over the keys.
"The government is constantly looking at positively improving affordable housing that fits present needs, by offering a comfortable environment that is family-friendly, practical and reasonably priced.
"Many Residensi Wilayah units are still for sale, and those interested can apply through the Residensi Wilayah website.
"We target to approve 8,000 to 10,000 more units this year. It will be of better quality with a minimum built-up of 900sq ft, compared with 800sq ft previously."
Two more projects, Residensi Kepongmas and Residensi Wangsamas, with a total of 1,995 units, are scheduled to be completed this year.
Also present were Federal Territories Ministry deputy secretary-general (management and socio-economic) Datuk Rosida Jaafar, Kuala Lumpur City Hall executive director (planning) Datuk Mahadi Che Ngah, Aset Kayamas founder and chairman Tan Sri Chai Kin Kong and Aset Kayamas executive director Michael Chai.