World · Malaysia Bureau
Over 1,000 affordable homes to transform Meru housing market
A major residential development offering units from RM170,000 is set to significantly expand Perak's housing supply in Meru. The project is expected to reshape the local property landscape and improve accessibility for first-time homebuyers.
LSN Malaysia ·
IPOH — More than 1,000 residential units priced from RM170,000 are being developed in Meru, marking a substantial addition to Perak's housing sector. The project is designed to cater to middle-income earners and first-time property buyers seeking affordable accommodation in the state.
The development initiative comes as Perak seeks to address growing demand for reasonably-priced homes. Industry observers note that projects of this scale typically include a mix of unit types and sizes, catering to diverse household compositions and financial capabilities.
Meru, strategically located within Perak, has emerged as an increasingly attractive residential destination due to its connectivity and proximity to commercial centres. The influx of affordable housing units is expected to stimulate local economic activity and attract new residents to the area.
The project represents a significant commitment to expanding homeownership opportunities across the state. With entry-level prices starting at RM170,000, the development aims to bring property ownership within reach for a broader segment of the population, potentially setting benchmarks for future residential projects in the region.