MELAKA: The Melaka government is proud that the majority of property developers in the state are owned by the locals willing to keep the prices of residential units at an affordable price in line with the wishes of the current administration, says Datuk Rais Yasin.
The state housing, local government and disaster management committee chairman said only two of the 24 developers in the state were from out of state, hence, the state government could promptly resolve issues concerning the property market in the state.
"We are always willing to work closely with the state Real Estate and Housing Developers Association (Redha) to look into the setbacks they face like the unsold units through a win-win approach and this was the reason housing developers here are happy with the state government," he said after launching the Melaka edition of Malaysia Property Expo (Mapex) 2024 a leading shopping complex here on Friday (July 26).
Rais said the state government was also looking into matters relating to 532 of the unsold units in the state, especially the bumiputera lots by encouraging more yuppies to purchase such properties.
He said the state also managed to maintain its status as the state offering the lowest housing prices in Malaysia and the achievement is influenced by the state government’s housing policy, which stipulates that every housing development must consist of at least 50% affordable housing.
"We have a price control mechanism where there must be a fair percentage of affordable home components covering low-cost homes priced at RM70,000, low medium-cost units (RM120,000), Rumah Impian A units not exceeding RM180,000 and Rumah Impian B homes not exceeding RM250,000," he added.
Rais noted that the state housing policy was designed with the view that deserving groups are not left out from enjoying comfortable and affordable housing development.
However, he said the state government also takes into consideration the matters brought up by Redha concerning the construction of low- and medium-low-cost houses in housing projects to lessen the burden of developers.
Rais said the state government aims to help locals own houses but will not ignore the plight of developers who were raised through Redha.
