Affordable housing is a solution for those who cannot afford to have a roof over their head unless it is subsidised or economised to suit their needs. This price-sensitive segment is always priced out due to higher investment needs that go beyond their loan eligibility. The aspiration of having their own house remains an unmet dream.

Global statistics indicate the number of homeless is increasing not only in underdeveloped and developing nations, but also in developed nations (New York and Los Angeles are two of the cities counted among the top to have large numbers of homeless people). Around 300 million people are homeless globally (according to the United Nations), which will reach 330 million by the end of 2025. Besides this, around 2.8 billion people lack access to adequate housing.

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