Housing in Malaysia can be quite expensive, with costs varying widely based on location and property type. For young workers, owning a home can be
challenging, especially given their monthly salaries.
According to a recent update shared by @NewsBFM, Deputy MITI Minister Liew Chin Tong is pushing for more affordable inner-city housing for young workers in Malaysia.“Young people find it tough to afford good housing, whether they’re trying to buy or rent” Liew proposes that PNB and Sime Darby offer housing within walking distance for the 15,000 workers at Merdeka 118, especially focusing on those with monthly incomes below RM5,000.
He also pointed out that even though the inner city heritage buildings are falling apart, many Malaysians have to travel long distances from the suburbs to the cities for work every day.Liew also expresses his disapproval of adopting the American lifestyle with its spread-out suburbs and heavy use of private cars, pointing out the environmental damage they cause.
“Insufficient public transport connections in towns and cities may worsen the social isolation of the elderly population, potentially complicating the delivery of care services,” he added.For many young workers, having their own home means financial stability, independence, and a major accomplishment.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Many looked panicked and were in pain: Thai rescue chief who aided SQ321 passengers on tarmacFROM Liew Chin Tong Deputy Minister of Investment, Trade and Industry (MITI)
Read more »
FedEx plans to expand business in Malaysia, says AnwarFROM Liew Chin Tong Deputy Minister of Investment, Trade and Industry (MITI)
Read more »
Zahid calls those who did not sit for SPM 2023 to venture into TVETFROM Liew Chin Tong Deputy Minister of Investment, Trade and Industry (MITI)
Read more »
Rains come, but it will stay warm in the northFROM Liew Chin Tong Deputy Minister of Investment, Trade and Industry (MITI)
Read more »
Housing Ministry targeting 70pc participation rate in Zero Waste Community programme by 2025, says deputy ministerKUANTAN, May 26 — The Ministry of Housing and Local Government (KPKT) aims for 70 per cent participation of residents in the People’s Housing Programme (PPR) in the Zero...
Read more »
Miti focuses on non-traditional partners to diversify trade, says ministerSAMARKAND, May 19 — The Investment, Trade and Industry Ministry is diversifying trade efforts by focusing on non-traditional trading partners to address the challenges in the...
Read more »