Malé, Maldives – Minister of National Planning, Housing and Infrastructure Mohamed Aslam On Monday stated that the 4000 housing units built by Fahi Dhiriulhun Corporation (FDC) in the Hulhumalé phase 2 will be dedicated to Malé residents.
Minister Aslam stated that there are 5,000 homeless families belonging to the capital city Malé and they must be prioritized when allocating social housing.
Citing land ownership customs in the Maldives, the Housing Minister stated that property is assigned depending on the place of birth of a person and it is a complaint by the capital city Malé natives that islanders are assigned housing in the capital city.
According to the newest social housing guidelines, islanders from the atolls are excluded from social housing developed by FDC, with housing applicants limited to people registered in Malé who have lived in the capital city for 15 years.
Engineering, Procurement and Construction (EPC) contracts were signed between FDC and NBCC to develop 2,000 social housing units while JMC Projects is contracted to develop additional 2,000 units. The loans are worth USD 116.45 million and USD 110.5 million respectively.
The Fahi Dhiriulhun NBCC Housing Project project is expected to commence in May 2021 and will consist of 1400 units of 900 square foot, 3-bedroom apartments and 600 units of 650 square foot, 2 bedrooms apartments.
The Fahi Dhiriulhun JMC Housing Project consists of 600 two-bedroom apartments units of 650 square feet and 1400 three-bedroom apartments of 900 square feet.
In March 2020, FDC signed contracts with Sinohydro Global Construction to build 1,700 housing units will be provided at an affordable price and will be developed in eleven 15 and 16-storey towers.
The towers will include 1,020 three-room apartments and 680 two-room apartments. The administration expects to complete the project launched at a cost of USD 133 million within 2 years.
