KL to add 762,500 new homes by 2040, with 40% designated as affordable housing under DBKL plan

KUALA LUMPUR, Aug 5 — Kuala Lumpur City Hall (DBKL) is planning to deliver up to 762,500 housing units by 2040 as part of the Kuala Lumpur Local Plan 2040 (PTKL2040), which prioritises the well-being of urban residents.

Kuala Lumpur Mayor Datuk Seri Dr Maimunah Mohd Sharif said that as of 2020, the city had a housing stock of 500,803 units, which includes both market and affordable housing.

“Over the next 15 years, housing development will be aligned with the city’s growing population and household numbers,” she told Bernama. “The focus will be on meeting the needs of various groups, including youth, B40 and M40 families, senior citizens, and other vulnerable communities.”

The plan includes micro and transit units for newly employed youth, compact homes for dual-income no-kids (DINK) couples and young professionals, and age-friendly housing for the elderly.

Maimunah added that specific land zones such as Residential Zone 4 (R4) have been designated for affordable and public housing under the plan.

PTKL2040 also emphasizes inclusive development, ensuring a balance between housing needs, access to public transport, and environmental sustainability. It includes strategies for redeveloping existing areas and utilising government land in strategic urban locations.

Affordable housing prices will follow the National Affordable Housing Policy, with a cap of RM300,000 per unit. Under schemes like Residensi Madani, homes will be priced at a maximum of RM200,000 with a standard size of 800 square feet. Other housing types will cater to diverse urban needs.

Maimunah said that at least 40 per cent of all new homes planned by 2040 will be affordable units.

PTKL2040 also outlines two categories of affordable housing: rental units such as the People’s Housing Project (PPR), Public Housing, and Subsidised Rental Housing (PASS); and ownership options including Residensi Wilayah, Residensi Madani, PR1MA, the Malaysia Civil Servants Housing Programme (PPAM), and the One Staff Member One Home (SASaR) initiative.

“This long-term effort aims to provide fair and sustainable access to housing for all segments of society, particularly low- and middle-income groups,” she said. — Bernama