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Singapore’s public housing model possible in Malaysia only upon structural change

The Ministry of Local Government Development (KPKT) has voiced its intention to have exchange sessions with Singapore’s experts to help solve Malaysia’s affordable housing woes.

In fact, this is not the first time KPKT attempts to study and incorporate the Singapore’s pubic housing model within the local context. Back in 2018 during the Pakatan Harapan’s administration, the then KPKT minister conducted a three-day official visit to Singapore to learn the developments, plans, history and background that drive housing developments there.

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Property Chat: Do we lack affordable houses in Selangor?

As long as the rate of supply outpaces the rate of demand, there should be no shortage of affordable houses across the state. Instead, what should be of more concern is the overbuilding of price-controlled social houses, with a high number of unsold units, low take-up rates and low marketability.

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Does IBS really reduce construction time?

The efficiency of high-rise constructions, to a large extent, depends on the quality of work flow arrangement and tight schedule control, which are then greatly affected by many other managerial and organisational factors that can hardly be generalised.

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A deeper economic issue than just building more affordable houses

As the pandemic continues to rage on, a general “insecure” perception among consumers – linked to business shutdowns, travel restrictions, unemployment and households’ sagging finances – have contributed to a dampened consumer spirit and spending power, thereby leading to a weaker market sentiment in general

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