REHDA Urges Government to Take Holistic Approach Towards Tackling Housing Issues
New Straits Times, Photo Credit to Mansion Global
clock 14-05-2018
hit 467

The Real Estate and Housing Developers' Association Malaysia (REHDA) has urged the new Pakatan Harapan government to take a more holistic approach towards tackling some of the long pending issues, including affordable housing and increasing compliance cost.


President, Datuk Seri Fateh Iskandar Mohamed Mansor said the organisation is now awaiting the announcement of the new Minister for Housing, whom he believes, will work closely with industry players in finding solutions to further uplift the industry.

"We laud Pakatan Harapan's manifesto on housing which contains a number of proposals that REHDA has been requesting for.

"It is now incumbent upon all the elected representatives to make good their election promises to the people. There will be heightened expectations of the new government further improving the nation's competitiveness by enhancing the whole delivery system and efficiency.

"Efforts in this direction should augur well for the economy and improve our image as an investment destination" he said in a statement today.

Among Pakatan Harapan's promises is the creation of a special housing loan scheme tailored for youths who want to buy their first property, to set up a National Affordable Housing Council and widen the rent-to-own scheme nationally, through cooperation with commercial banks by enabling such a scheme to be introduced in primary and secondary markets.




WHAT DO YOU FEEL ABOUT THIS?

0
LOVE
0
HAPPY
0
SURPRISED
0
SAD
0
ANGRY


COMMENTS
Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.

SIGN UP NEWSLETTER

logo
Monthly Column
The staple of your property-related materials. It's all about being ahead of the game and with The Column, you get carefully selected information that will keep you informed and running with the pack. The best news, articles and properties on the market from the Property Hunter portal, conveniently wrapped and ready, just for you.

logo
Weekly Window
Your weekly dose of what's hot and what's not in property. The window is your view into the realm of real estate in Malaysia, curated from our portal based on the most popular pieces over the week. For those who just can't get enough, this is for you. Ain't nobody got time for dailies anymore, weekly is the new daily.