Government plans to set realistic low-cost home prices

SEPANG: A study is being carried out to determine a “more realistic” price of owning a house under the Government's low-cost housing scheme in view of the increasing cost of construction materials.

Housing and Local Government Minister Datuk Seri Chor Chee Heung said a RM70,000 price tag for a low-cost unit would be more realistic compared to the current range of RM35,000 to RM45,000.

“The cost of construction materials and labour and other things has gone up a lot, so RM35,000 to RM45,000 is no longer viable.

“We are currently studying when is the best time (to increase the prices). We are thinking about it; and how to go about it,” he told a press conference before launching a seminar on public housing organised by the National Professors Council here.

Chor explained that under the people's housing programme managed by the Government, Malay-sians whose monthly household income does not exceed RM2,500 can purchase low-cost houses at RM35,000.

He said the Federal Government had informed its state counterparts of the proposal to allow an increase in low-cost house prices but he assured that that is nowhere near implementation for now.

 

Source : Click

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Changing Govt is not like changing your clothes, says Chua

RAUB: Changing the Government is not as simple as changing clothes, said MCA president Datuk Seri Dr Chua Soi Lek.

He said the Opposition could say all it wanted about toppling the Government, but ultimately the power rested with the people.

“The people hold the right to choose the Government they want because they are the boss. But I only have one request — please use your vote wisely when the time comes,” Dr Chua said at a dinner here on Sunday.

He said the people had to ask themselves this: “If Pakatan Rakyat replaced Barisan Nasional, is everything going to become better? Can Pakatan do better than Barisan? If not, then why change?”

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