Joy for residents of 1Razak Mansion
They get new homes twice the size of their old ones and strata titles with 99-year lease
PRIME Minister Datuk Seri Najib Razak handed over keys to original occupants of the Razak Mansion flats in Jalan Sungei Besi here yesterday.
The public housing scheme underwent a complete redevelopment under the 1Razak Mansion project, which started in 2014.
Each new unit measures 800 sq feet, with two or three bedrooms and two bathrooms, and comes with one parking lot.
Najib commended developer Impianika Development Sdn Bhd, led by its executive chairman Datuk Seri Jeff Lee, for completing the project nine months ahead of schedule and ensuring that residents were given strata titles with a 99-year lease.
The remaining lease was only 40 years previously and residents did not have strata titles.
It was a memorable moment for Najib as he had officiated the project’s groundbreaking.
“The old units only measured 399 sq feet to 504 sq feet. Some have two bedrooms, some only one. Residents will now get to enjoy a spacious 800 sq feet unit.
“The price of each unit was RM60,000 to RM80,000, but now, the new units are worth at least RM350,000,” Najib said.
He said this was not just another public housing scheme, but was a medium-cost condominium project.
He said residents told him they were very happy, adding that they also had access to facilities such as an air-conditioned hall, surau and shops.
“The huge improvement between the old units and the new is like night and day.”
Construction of the Razak Mansion began in 1963. It was launched in 1967 by Najib’s father, Tun Abdul Razak Hussein, who was then deputy prime minister.
Najib delivered more good news to residents when he announced that they need not pay for maintenance and sinking fund for two years as the developer would bear the cost.
Besides that, 101 Kuala Lumpur City Hall public housing tenants would be offered a chance to buy a unit at 1Razak Mansion for only RM42,000.
Najib also told the developer to extend the relocation period for residents to two months. The developer would bear the relocation cost of RM3,000 for 557 Razak Mansion residents.
According to the developer, the project, which was jointly carried out with City Hall, covered 13.4ha and comprised three 18-storey blocks with 658 contemporary residential units.
Najib said the project showed that the government prioritised housing for the people.
He said the government had carried out many housing initatives, such as the well-received Dasar Rumah Wilayah Persekutuan to provide affordable housing to city folk, Civil Servants’ Housing Project, 1Malaysia People’s Housing Programme and PublicPrivate Partnership (PPP).
He described PPP as a fourpronged strategy in which urban redevelopment could take place.
“Razak Mansion used to be regarded as an urban shanty and an eyesore, but today, thanks to the PPP concept, it has been transformed,” Najib said.
He thanked residents for not objecting to the project, saying they were now rewarded for their faith in the project.