Ng: To encourage developers to build more affordable homes, all the stakeholders, such as the government, local authorities and financial institutions, need to work together by lowering the cost and bring down prices.  

房价高居不下，发展商成为众矢之的，业界权威怎么说？

TheEdgeProperty.com’s Roundtable on Budget 2017 held on Oct 24 pointed out that industry stakeholders should first ask and find out whether there is any possibility that property prices could go any lower.

"The intention of affordable housing schemes is good, but how to implement them is the key if we want to benefit the people."

"The government should encourage the use of the modular type of IBS."

The use of IBS also means better construction quality.

“If you ask me how is the property market in second-tier areas, such as Kedah and Perlis is doing, I would say the worst is over, and we may see (a) slight improvement next year,” said Rehda’s Kedah and Perlis chairman Datuk Rick Cheng Wooi Seong.

The good intentions behind the measures to increase the supply of affordable housing announced in the recently tabled Budget 2017 may be good but they would need effective implementation, said the Selangor branch chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda), Zulkifly Garib.

This is the time for those looking to buy properties to look out for “bargains” as the challenging property market may prompt some developers to lower prices, said Datuk Steve Chong, the Johor branch chairman of the Real Estate and Housing Developers’ Association Malaysia (Rehda).

The Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy secretary general Tan Ching Meng urged the government to extend the zero stamp duty to property transfers worth up to RM500,000 from RM300,000.