Chester Properties group chief executive officer Kam Jun Yin opined that property prices are already affordable.
“Our property prices are still very low compared to other countries in the region,” said Kam in a recent roundtable discussion by Propwall.my titled Post-Budget 2017: A sub-sale perspective.
Whilst many Malaysians claimed that property prices at RM500,000 - often deemed affordable by property developers - are beyond their reach, stakeholders argued that there is little the government and property developers can do to drive down the prices. Instead, the government should place more focus on raising the average disposal income of the public.
Should property prices be driven down or are the employees’ salaries too low? Share your thoughts with us.
Propwall.my is conducting a survey to understand your thoughts and concerns towards the property market. Ultimately, is the government doing enough to address the issue of housing affordability?
Share your thoughts at the Post-Budget 2017 survey carried out by Propwall.my (http://tinyurl.com/zv3clzk) to receive one-year complimentary The Star ePaper subscription.
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