PM: No point becoming an advanced country if people still unable to own homes
A sales agent speaks to a visitor during the launch of the Home Ownership Campaign at the Kuala Lumpur Convention Centre March 1, 2019. — Picture by Yusof Mat Isa
“In line with the National Housing Policy, the government remains committed to ensuring the homes prepared meet sufficient demand, is of quality, and is affordable,” Dr Mahathir said during the launch of the Home Ownership Campaign in KLCC.“Its objective at the time was to boost home ownership, by providing various incentives to overcome the property market’s slowness, following the economic downturn in that year.
Similarly Housing and Local Government Minister Zuraida Kamaruddin said since the expo commenced earlier today, the public’s response has been heartening. Of the 40,916 homes earlier mentioned by Dr Mahathir, Zuraida said the expo features some 20,000 units up for sale. Running from today until Sunday, the HOC is a collaboration between the ministry and the Real Estate and Housing Developers’ Association.
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.
PM says government begins toll talk with Gamuda Berhad | Malay MailKUALA LUMPUR, Feb 23 — The government has commenced talks with Gamuda Berhad to negotiate the acquisition of highway concession on four highways where the company has a majority stake, said Prime Minister Tun Dr Mahathir Mohamad. The highways are the Lebuhraya Damansara Puchong (LDP), Sistem...
Read more »
PM: Buying over all toll companies impossible because too expensive | Malay MailKLANG, Feb 25 ― The government simply cannot buy over every toll concessionaire in the country to abolish tolls because this will reduce public funding for other projects, Tun Dr Mahathir Mohamad said today. The prime minister said that while he understands the frustration of the people who...
Read more »
Anwar says preparing to become next PM | Malay MailKUALA LUMPUR, Feb 27 — PKR president Datuk Seri Anwar Ibrahim is now seeking the view of various parties in his preparation to succeed Tun Dr Mahathir Mohamad as the eighth prime minister. Berita Harian reported him as saying he has been meeting with Dr Mahathir more frequently for discussions on...
Read more »
PM urges all parties to help realise One Million Affordable Homes agenda | Malay MailKUALA LUMPUR, March 1 — Prime Minister Tun Dr Mahathir Mohamad today urged all parties, including the state governments, to be mutually responsible for realising the One Million Affordable Homes agenda and not only rely on the Federal Government. He said all parties should fulfil their...
Read more »
Dr Mahathir cites Umno-PAS alliance, religious sentiments among reasons for Semenyih loss | The Malaysian InsightDr Mahathir cites Umno-PAS alliance, religious sentiments among reasons for Semenyih loss
Read more »
Tokyo backs Trump after Kim summit ends with no deal | The Malaysian InsightJapan supports decision to make no easy compromise, continue productive discussions, says PM.
Read more »