Affordable housing and competitiveness of cities

KGV International Property Consultants executive director Samuel Tan.

WHILE the affordable housing agenda often focuses on the wellbeing of the individual, experts agree that unaffordable homes can negatively affect cities’ growth prospects.

Savills Malaysia Sdn Bhd group managing director Datuk Paul Khong says affordable housing has always been a critical factor for all major cities worldwide, emphasising that it is provided to enhance the city’s competitiveness from both economical and social standpoints.