Berjaya Land to absorb RM10 million loss to build 402 affordable condo units for B40. theSun theSundaily business economy housing BerjayaLand
Tan briefing Nga on the BHAF project during the groundbreaking ceremony at the Subang Hi-Tech Industrial Park in Subang Jaya. – ADIB RAWI YAHYA/THESUNAs a leading businessman, Tan Sri Vincent Tan has always held charity close to his heart. And now, he has upped the ante by offering condominium units for the lower-income group at below-market prices.
“A home is more than a shelter as it is where a person raises his family. It is an important asset. But today, many families cannot afford to purchase a home. Those who buy the 402 units of condominiums on offer have the option to purchase a dual-key unit. One room will have a different entrance so as not to disturb the main unit.
However, he said the charitable foundation has limited funds and urged other corporations to also step in to help. “The demand for affordable houses has been rising, and the Negeri Sembilan and Penang governments have given the federal government free land to help build houses for the lower-income group,” he said.
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