Oriental Interest Berhad together with Selangor state property development arm PKNS has unveiled Putra Idaman, a new affordable housing project under the Rumah Idaman programme.

Rumah Idaman is an affordable housing scheme initiated by the State to address the rising demand for affordable homes in strategically located urban centers. The initiative offers units tailored for B40 and M40 Malaysians, particularly first-time homebuyers and small families seeking a foothold in the property market.

Located in Desa Pinggiran Putra, the new project spans 6.7 acres and has a gross development value (GDV) of RM125.5 million. Targeted for completion in 2028, Putra Idaman is said to feature two apartment blocks, offering a total of 502 semi-furnished units. Each unit is priced at RM250,000 and is designed specifically for low to middle-income families.

Executive Director and CEO of OIB, Low Kok Shen emphasised that the project is testament to OIB's commitment to elevate homeownership opportunities for individuals and families from all walks of life.

"OIB currently has over RM1 billion of affordable housing properties in the pipeline under schemes such as Rumah Idaman and Rumah Selangorku with Putra Idaman being the first of many projects under the Rumah Idaman initiative.

Chief Executive Officer of PNSB, YM Raja Ahmad Shahrir Iskandar bin Raja Salim remarked, "The launch of Rumah Idaman Putra Idaman is the second project launch for 2024 as scheduled by PNSB. The Rumah Idaman Putra Idaman and Saujana Idaman projects are two joint venture projects with OIB, with an estimated total of 1,360 units out of the 5,783 units planned for the Rumah Idaman development in the Sepang district. This
development will undoubtedly add value to Mukim Dengkil."