One million affordable homes target under review
Trust chief executive officer Datuk Jeffrey Ng posed a question to Zuraida on how the government intends to meet its target with limited resources.
Trust chief executive officer Datuk Jeffrey Ng posed a question to Zuraida on how the government intends to meet its target with limited resources.
“Coupled with a sound public policy to address the issue at hand, I believe it will be essential in promoting greater strategic and operational cohesion at the national level,” Zuraida said.
It requires the cooperation of contractors — developers
“The thresholds are very odd. Foreigners can buy properties priced above RM1 million in some areas while for other areas the threshold is RM2 million.
If I had my way, I would actually remove these thresholds or bring them down dramatically, just until we get over this hump of oversupply. I hope the government can bring some rationalisation to the thresholds."
This gives rise to townships that are not centralised
"Land prices are decided by market forces. It is too big for the government to influence market prices. But what we can do is to try to save costs for housing developers. We hope that housing developers will give us a positive response."
Prasarana will not be taking over or calling off the project.
“We are very positive about the bilateral relationship and at the same time we are confident in Malaysia’s future and our projects in the country."
The maximum price of an affordable home is estimated to be only RM282,000, according to BNM.
Will be replaced by incumbent non-executive director Choong Yee How as chairman.