Govt should stop subsidising housing for top 20% 

Bede Hong

(From left) Jayaselan K. Navaratnam, deputy director-general of the National Housing Department, Dr Suraya Ismail from Khazanah Research Institute; and Fateh Iskandar Mohamed Mansor, president of REHDA during the ‘Housing as habitat’ forum at Matrade in Kuala Lumpur today. The forum heard that the bottom 40% of households remain the focus of government housing needs. – The Malaysian Insight pic by Nazir Sufari, August 23, 2017.

THE government cannot afford to continue programmes that also subsidise housing for high-income earners, said Khazanah, the national strategic investment fund.

Suraya Ismail, director of research at Khazanah Research Institute, said housing assistance programmes have now reached the top 20% income-earners of households. 

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.