KUALA LUMPUR: A total of 658 people, residents of the former Razak Mansion flats in Jalan Sungei Besi, today received the keys to their brand new homes at the 1Razak Mansion public housing project.
The project underwent a complete redevelopment under the 1Razak Mansion project which began in 2014.
The new units measures 800 sq feet each, with three bedrooms and two bathrooms. Each unit also comes one allocated parking lot.
The residents also received strata titles for their property, something they did not have before.
Prime Minister Datuk Seri Najib Razak, who handed over the keys to the residents today, commended the developer, Impianika Development Sdn Bhd, for completing the project nine months ahead of schedule.
It was a memorable moment for Najib as he had officiated the project's groundbreaking ceremony back then.
“We found that the previous unit only measured between 399 sq feet and 504 sq feet, some with two bedrooms and others with only a single bedroom.
“Today, the residents get to enjoy a new, spacious unit at 800 sq feet.
“Not only that, each unit was previously valued at between RM60,000 and RM80,000. Today, they are getting new units which are worth no less than RM350,000 each,” he said.
Najib noted that this is not merely a public housing scheme, but is in fact a medium-cost condominium project.
He said the residents expressed their absolute happiness to him during a chat with them recently.
He also pointed out that they also received other facilities such as air-conditioned hall, surau and shops.
“The huge difference in improvement between the old units and the new ones are like night and day,” he said.
Najib delivered more good news to the residents when he also announced that the residents will be exempted from maintenance and sinking fund payments for two years, courtesy of the developer.