THE Johor government will identify suitable and best ways to solve the problem of unsold high-cost housing units in the state.

Menteri Besar Mohamed Khaled Nordin said the methods sought should suit the policy introduced before this.

To solve the problem, he said, the state government would be collaborating with all relevant parties, including developers.

“Tuanku (the sultan of Johor) had touched on this, so perhaps there is the need to look into finding suitable policies to avoid a frequent change of policy.

“We will consider this and see, and the matters raised by Bank Negara Malaysia will also be looked into by the state government,” he said after opening the Pasir Gudang Health Camp in Johor Baru today.

Khaled was asked to comment on Sultan Ibrahim Sultan Iskandar’s call for the state government and developers yesterday to find solutions to the problem of high-priced houses that were unsold.

The menteri besar also touched on the recently published Bank Negara quarterly bulletin, which stated that Johor had the highest number of unsold houses at 27%, followed by Selangor (21%), Kuala Lumpur (14%) and Penang (8%).

Bank Negara also reported that Malaysia’s property market was currently facing the problem of imbalance between supply and demand, resulting in many unsold houses and unoccupied commercial spaces. – Bernama, November 25, 2017.