The Star |
The government should come out with affordable housing pricing benchmarks that can be used as a guideline within the local property industry.
Rahim & Co Research Sdn Bhd senior manager of valuation Chan Fei Fei said currently, there was no absolute pricing mechanism in place for affordable housing in the country.
“A price tag of RM300,000 may sound very affordable in Kuala Lumpur but in other states like Kelantan and Terengganu, that is not affordable,” she said at a press conference held in conjunction with the release of Rahim & Co’s annual report, the Property Market Review 2024/2025 yesterday.
