News by Tan Ai Leng

Tun M: “Affordable homes are not only about pricing, the comfortability is equally important as it reflects our general living standards.”

“If we let the free market to decide housing price, housing price will continue to escalate without limit, and the lower income group will never own a home.”

How much more can a well-designed property that is fully furnished fetch in rental compared with a basic unit?

“Due to the rising cost of living, even the M40 find it very challenging to buy their dream homes and is in need of some form of assistance.”

Sold for: RM3 million (RM804.5 psf); Concluded by: Freeman Woo Chee Meng (REN 05026) of MIP Properties (012-656 7617); When: October 2018

“For a 60-year-old young city, our properties should be more affordable for local purchasers but most of our properties are unaffordable to the majority of wage earners. My question is, who are you [developers] building for? For local own-stay buyers or for who?”

Organisation also wants greater push for the build-then-sell (BTS) concept.

“It is so efficient that a multi-storey, high-rise apartment block can be built at half the time compared to normal construction methods, saving at least one whole year.”

“The various stakeholders need to take a close look at affordable housing developments. It shouldn’t be carried out emotionally but must be done with a clear mind and with thorough market research.”

“We are now studying the need of enacting the Residential Tenancy Act to protect tenants’s rights. In the future, property owners are not allowed to have discriminative wordings in their rental listings, such as against certain races or genders,” she said during the press conference after unveiling the National Housing Policy (Dasar Perumahan Negara/ DRN) 2018 – 2025 today.