Senator Michael Mujah Lihan wants the government to bolster national housing policy with stronger price controls and more targeted tax incentives to address the widening gap between house prices and public income growth. – NSTP file picKUALA LUMPUR: The government should bolster national housing policy with stronger price controls and more targeted tax incentives to address the widening gap between house prices and public income growth, urged Senator Michael Mujah Lihan. He said property prices in major cities had soared to levels that were increasingly unaffordable. "Although construction costs and property values have risen, average wage growth has not kept pace. For young people and the M40 group, the challenge is not only the sale price.

Source: New Strait Times February 26, 2026 15:36 UTC