Kuala Lumpur City Hall (DBKL) aims to increase the city’s housing stock to 762,500 units by 2040 under the Kuala Lumpur Local Plan 2040 (PTKL2040), up from 500,803 units in 2020. Mayor Datuk Seri Dr Maimunah Mohd Sharif said the focus is on inclusivity, catering to youth, B40 and M40 groups, seniors, and vulnerable communities.
40% of New KL Homes to Be Affordable, Says Mayor
At least 40% of new units will be affordable homes, priced up to RM300,000, with schemes like Residensi MADANI capped at RM200,000. PTKL2040 also promotes compact, age-friendly, and transit housing, alongside redevelopment and strategic land use for sustainability, access to transport, and balanced urban growth.
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