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TheStar online reported today that some 44,000 low-cost houses under the Program Perumahan Rakyat in the Federal Territory will be offered for sale to the existing tenants. In addition, the flats will be sold 20% to 30% cheaper from the market price.

Wow! lucky them, I hope the same incentive will be extended to the people in Sabah. I also hope that the Federal Government will launch more affordable housing projects in Sabah so that everyone will be able to own a home.

Low-cost flats to be sold below market price

KUALA LUMPUR: More than 44,000 low-cost flats in the city will be sold below the market price.

Federal Territories Minister Senator Datuk Raja Nong Chik Raja Zainal Abidin said he would propose that the units be sold 20% to 30% cheaper.

He said this would help the people own at least one asset in Kuala Lumpur.

“From my experiences with those from squatter areas or those who migrate to Kuala Lumpur from rural areas, they are striving to have at least one asset here.

“Hopefully, this will help them own property,” he said, adding that the move would be one of his Key Performance Indicators (KPIs).

He said he had already informed Prime Minister Datuk Seri Najib Tun Razak of the proposal and would bring it to the Cabinet in August.

“Hopefully, it will be approved by the Cabinet and finalised in November,” he added.

Raja Nong Chik added that the ministry would try to assist the people in various ways, including working with the banks, to provide, hopefully, 100% financing.

Cuepacs president Omar Osman was particularly happy with four measures, namely the offer to purchase low-cost homes, the toll discount, the issuance of individual taxi permits and petty traders’ licence discount.

“It is a good start. But there must be adequate monitoring to make sure there’s no abuse of the system,” he said.

Malacca Chief Minister Datuk Seri Mohd Ali Rustam Mohd Ali said the state would also give a 50% discount on new applications and renewals of business licences for petty traders, starting next month.

“The decisions made by the Prime Minister clearly focuses on the needs of the people, especially those in rural areas. It will benefit everyone, young or old, rich or poor,” he said.

Home Minister Datuk Seri Hishammuddin Tun Hussein said Najib’s announcement was made with the future of the people in mind.

“It covers issues like public safety, citizenship, permanent residency and absence of birth certificates. It’s all decided with the people in mind,” he said. Women, Family and Community Develop-ment Minister Datuk Seri Shahrizat Abdul Jalil said Najib’s goal-oriented style was reflected in his first 100 days in office.

Minister in the Prime Minister’s Department Tan Sri Dr Koh Tsu Koon said Najib’s emphasis on KPIs placed everyone under pressure.

“It puts all of us under pressure to perform, for the benefit of the people,” he said.

Source : TheStar Online


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