Majuperak Launches RM141 Million Housing Project for First-Time Buyers in Perak

KUALA LUMPUR : Majuperak Holdings Berhad, a subsidiary of the Perak State Development Corporation (PKNPk), has announced the launch of Taman Tasik Ardea, a new residential development in Sungai Terap, Batu Gajah. The project is designed to provide affordable, high-quality housing for first-time buyers and young families, in line with the state’s long-term housing aspirations under the Perak Sejahtera 2030 framework.

Developed on land owned by PKNPk-linked company Syarikat MajuPerak Berhad (SMB), the project forms part of a broader state initiative to maximise the value of government-linked assets while supporting sustainable community development.

With a gross development value (GDV) of RM141 million, the project comprises 601 residential units, to be delivered in three phases:

Phase One: 161 units

Phase Two: 264 units

Phase Three: 176 units

Spanning 46.13 hectares, the development features single-storey terrace homes ranging between 1,075 and 1,275 square feet, offering three to four bedrooms per unit. Properties are priced between RM90,000 and RM250,000, depending on the type (Rumah Perakku 1 to Rumah Perakku 3). A select number of units will also be made available to non-Bumiputera buyers.

At the project’s official launch, Perak Menteri Besar Datuk Seri Saarani Mohamad reaffirmed the state government’s commitment to ensuring equitable access to quality housing, particularly for young families and underserved groups.

PKNPk Chief Executive Officer and Executive Chairman of Majuperak, Datuk Redza Rafiq Abdul Razak, stated that the initiative reflects a coordinated effort to align private sector participation with public policy objectives.

“Under Majuperak, our goal extends beyond constructing homes — we are shaping communities that are inclusive, sustainable, and well-integrated with public amenities,”

he said.

“This project is a tangible representation of our vision to utilise state assets to enhance the socio-economic wellbeing of the people of Perak.”

The development will also prioritise environmental sustainability and community-building through thoughtful planning and infrastructure support.

–Business Times

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