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Don’t collect compliance fees for affordable homes

Property News/ 13 November 2018 Leave a comment

affordable-housesThe state government should exempt developers from paying compliance costs for all affordable housing units in the state, a backbencher told the state legislative assembly today.

Kebun Bunga assemblyman Ong Khan Lee said such exemptions would further reduce affordable home prices here.

He also urged Penang to apply big data analytics to its housing information system, saying this would reduce mismatches between buyers and available affordable homes.

It would also reduce the incidents of rich buyers exploiting loopholes to purchase low— and medium-cost homes with cash.

He suggested that the state government also appoint an independent party to audit the application process and approval for public housing, low-cost, medium-cost and affordable housing units.

Ong also spoke about road congestion on the island and proposed a fee for vehicles from out of state.

“This will encourage visitors to use the public transport to enter Penang and this special fee will reduce the number of vehicles entering Penang,” he said.

He said 10 years ago, Penang has about 300,000 vehicles on the road but now, it is flooded with one million vehicles.

Source: Malay Mail

 

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  1. own ppl
    November 13th, 2018 at 18:03 | #1

    got money also no low cost houses buy already lah onwadays. still tighten what law.

    pls say something that will increase the value of the prices and property in penang.

    everyday bising bising reduce price for what.
    90% of ppl owns a house in penang and a car by age of 35.

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