GEORGE TOWN: There should be a national cap on what constitutes affordable housing prices such as low and low-medium-cost homes, said state Housing Committee chairman Jagdeep Singh Deo. He said the maximum prices of such homes should be standardised nationwide and states should not be allowed to set different ceiling prices. “Some states have raised their ceiling prices for low and low-medium-cost homes to RM60,000 and RM100,000 respectively. Jagdeep declined to reveal which states had raised the prices but said this was brought up in previous National Affordable Housing Council meetings. For affordable housing, he said, Penang would keep the price at under RM300,000 on the island and under RM250,000 on the mainland.

Source: The Star April 26, 2019 21:22 UTC