President Dr Mohamed Muizzu has assured residents of Hulhumalé Phase II that solutions will be identified and implemented to address concerns affecting both individual households and the wider community, including issues related to housing rent and the security of flats.
The assurances were given during a consultative meeting with residents held on Thursday evening at the Salahuddin School Hall.
After hearing concerns and suggestions from the community, the President noted that housing and home ownership were among the key issues raised. He acknowledged that sustainable solutions to housing challenges had not been achieved in the past, but assured residents that the current Administration is working to change this. In this regard, he said efforts are underway, in collaboration with the Housing Development Corporation (HDC), to identify and implement long-term solutions.
The President also acknowledged the prevalence of petty crime and other social issues in the neighbourhood, stating that corrective measures are currently being implemented, with improvements expected over time.
Addressing concerns over the absence of cooperative societies in Phase II, the President said both HDC and the Ministry of Construction, Housing and Infrastructure are already taking steps to resolve the issue.
Reiterating a previous pledge, President Dr Muizzu confirmed that a discount of MVR 200,000 will be granted to Hiyaa flat owners. He said instructions have been issued to HDC to amend the relevant agreements to enable the measure and assured residents that the discount will be implemented. He also noted that solutions will be sought for flat owners facing payment difficulties once all necessary information has been gathered.
On rental concerns, the President said the matter would be treated with due seriousness. He confirmed that monthly rental rates will be revised as previously pledged, with appropriate solutions introduced to address rent levels and payment arrangements.
Responding to concerns raised by homeowners under the Fahi Dhiriulhun Corporation (FDC), the President announced that rent for three-bedroom units will be reduced from MVR 15,000 to MVR 10,000, with advance payments lowered from MVR 25,000 to MVR 8,000. Rent for two-bedroom units will be reduced by MVR 1,000, from MVR 7,000 to MVR 6,000, with the advance payment set at the equivalent of one month’s rent.
The President further stated that HDC has begun implementing safety and security improvements, addressing a major concern raised by residents. He emphasised that all issues raised during the meeting will be given due consideration, with priority placed on fulfilling the commitments made.