Govt considers setting up body to regulate property industry


Second Finance Minister Datuk Seri Johari Abdul Ghani said the problem with the local property market was that there was no single authority supervising it. Many developers, he said, are now thinking of building affordable houses, but the definition differed from one to another.

KUALA LUMPUR: The Government is considering the setting up of a body to regulate the property industry.

Second Finance Minister Datuk Seri Johari Abdul Ghani said the problem with the local property market was that there was no single authority supervising it.

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