A long-delayed housing project in Batu Kawan in south Seberang Prai comprising 798 houses including 330 low-cost units has been completed and awaiting certificate of fitness (CF) approval.
Equine Capital Berhad chief operating officer Ranjeet Singh said the low-cost houses are priced at RM42,000 unit while the remaining 468 units cost between RM70,000 and RM138,000.
“We have been working hard hand-in-hand with the state govern-ment and the Penang Development Corporation (PDC) to get the project completed at its earliest,” Ranjeet told a press conference at the Equine Home Gallery, Bandar Cassia, Batu Kawan recently.
Also present were Deputy Chief Minister (II) Dr P. Ramasamy, PDC deputy general manager Datuk Abdul Rahim Isahak and Seberang Prai municipal councillor M. Rama-chandran.
Dr Ramasamy said the project which was launched in September 2005 was supposed to have been completed in 2007.
Dr Ramasamy, who is also Batu Kawan MP, said priority for the low cost houses was given to former Batu Kawan estate workers.
“We are working out a scheme with the PDC whereby those who cannot obtain bank loans can rent and buy the house,” he said.
News Source: The Star