In a statement released by the Ministry of Housing, Land, and Urban Development, flat owners were advised in January 2024 to pay their due rents on time.
The Times of Addu
In recent years, each new administration has been marked by the housing initiatives it launches and develops within its five-year term. This trend, which began during former President Maumoon Abdul Qayoom's tenure, continues with each successive president, including the most recent one. Despite the apparent influx of housing initiatives, the Greater Male’ Area remains congested as islanders migrate seeking better opportunities. Thus, new and affordable housing projects are crucial to ensure everyone can live in a decent and affordable home.
One of the most significant affordable housing projects in recent years is the Hiya social housing flats, developed during former President Yameen Abdul Qayoom’s administration. Although these flats already had lower-than-average rents for the Greater Male’ Area, the new administration further reduced the rent, making it extremely affordable for property owners. However, the reality is quite different. Many owners rent out their flats at high rates, and the social housing flats face several issues, including owners failing to pay rent on time.
In a statement released by the Ministry of Housing, Land, and Urban Development, flat owners were advised in January 2024 to pay their due rents on time. Despite these reminders, many owners continue to default on their payments, even after a 20 percent rent reduction. Additionally, the Ministry noted that some owners use the flats for purposes other than those specified, make illegal alterations to the premises, and rent them out, thereby undermining the housing initiative’s goals. Consequently, the Ministry has announced that it will take necessary measures against owners violating their contracts with the government.
