• “Among the current hard-pressed issues are the building materials price hike and the shortage of foreign workers; both with lasting effects on the industry the longer they go on.”

KUALA LUMPUR (Nov 30): Real Estate and Housing Developers’ Association Malaysia (Rehda) has expressed its “wish” that the government under newly appointed 10th Prime Minister Datuk Seri Anwar Ibrahim take measures to tackle the many issues afflicting the property and construction industry.

“Among the current hard-pressed issues are the building materials price hike and the shortage of foreign workers; both with lasting effects on the industry the longer they go on,” said president of Rehda, Datuk NK Tong in a press release today.

“Resolving these issues will go a long way to helping the rakyat attain more affordable housing in the long run, in line with the government’s agenda.

“Engagements with both public and private stakeholders are already underway, but we still implore for a government-level intervention so the issues can be addressed swiftly and effectively,” said Tong.

The association also stated that it looked forward to the upcoming announcement of the Minister of Housing, “with whom we pledge to work with and support wherever we can”.

It is also hopeful that the good working relationship “will continue to be strengthened and enhanced with the new minister and government”.

“We welcome the prime minister’s earlier statement on prioritising the cost of living crisis in the country, particularly the proposed targeted subsidies for those in the B40 group.

“We hope that with the government’s continuous effort to address this issue, a united resolution will be achieved for the benefit of the lower-incomed rakyat,” added Tong.

Rehda also stated that “regardless of political parties, the association and its members will continue to cooperate and collaborate with the government to ensure the sustainability of the property sector including housing as well as for the betterment of the nation, the economy and all Malaysians”.

Meanwhile, Tong also congratulated Anwar on his appointment as the 10th Prime Minister of Malaysia.

“The announcement made after several days of uncertainty is testament that once again, the process of democracy in Malaysia has prevailed and the rakyat’s collective voices were heard,” Tong said.

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