Stagnant rents, mounting arrears force DBKL to spend more on PPR upkeep amid worsening public facilities
Kuala Lampur, May 26 -- KUALA LUMPUR, May 26 - Stagnant rental rates and rental arrears amounting to millions of ringgit have rendered public housing in Malaysia unsustainable, a report by Think City said recently.
The report, titled "From Roof to Resilience", pointed out that the Kuala Lumpur City Hall (DBKL) had maintained the rental rate at RM124 per month since the People's Housing Projects (PPR) scheme was introduced nearly 20 years ago.
The report said the amount would have increased to RM312.15 today, if the rental rate had kept pace with inflation rate.
Consequently, DBKL has been spending more than it makes to operate and maintain PPRs under its purview.
Citing news reports, Think City's report highlighted that DBKL spent RM1...
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