High house price due to weakness in Selangor govt housing policy: Noh

KUALA LUMPUR: The housing policy by the Selangor government alone, without subsidy, will not help in controlling the price of houses in the state, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar.
He said the housing policy implemented by the Selangor government was only on the requirement for developers to allocate 30% of their projects for building of affordable homes.
However, no subsidy is given to housing developers to reduce the cost of building the houses, he added.
He said this in response to a supplementary question by Che Mohamad Zulkifly Jusoh (BN-Setiu) on the action and role by the government in controlling the increase in the price of houses during the Ministers' Question Time (MQT) in the Dewan Rakyat today.
Noh said the federal government took a different approach by introducing the subsidy system where house buyers were given financial aid through the Myhome scheme and Mydeposit for first-time house buyers.
Met by reporters later, Noh said a review of the National Housing Policy would see the inclusion of a provision for the federal government to intervene in matters pertaining to the price of houses, especially for affordable homes.
The ministry, he said, had requested the National Council of Professors (MPN) to review the policy, which expired next year.
"One of the issues we requested MPN to study and discuss is how to get the (federal) government to intervene in determining the price of houses, especially for affordable homes," he added. — Bernama