KUALA LUMPUR (Jan 11): A central plan by the government to address the issue of affordable housing could lead to losses that may "fall on taxpayers' shoulders", warned the Institute of Democracy and Economic Affairs (IDEAS).
PETALING JAYA (Nov 2): The Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito has applauded the commitment made by the Real Estate and Housing Developers’ Association Malaysia (Rehda) to reduce house prices by 10% for new projects that are not subject to price control, which was announced in Budget 2019 today.
KUALA LUMPUR (July 24): The Malaysian government needs to be ready for the nation's property bubble to burst and the risk that this could lead to an economic crisis, following spectacular growth in the high-end property segment, according to the Institute for Democracy and Economic Affairs (Ideas).
KUALA LUMPUR (July 6): The central bank’s plan to formulate a “relaxed” housing loan scheme to ease up the loan process for the middle 40% (M40) and the bottom 40% (B40) segments of the population may not be a move in the right direction and could worsen the problem, said a senior fellow of the Institute for Democracy and Economic Affairs (Ideas) in response to Housing and Local Government Minister Zuraida Kamaruddin’s announcement early this week.
PETALING JAYA (July 5): The proposed mortgage with less stringent lending requirements by banks mooted by the Housing and Local Government Ministry (KPKT) that is aimed at benefiting the M40 and B40 groups may not be a good move, said the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.
KUALA LUMPUR (Jan 29): The Institute for Democracy and Economic Affairs (IDEAS) said the suggestion to lower the interest rates on housing loans by the government would hide issues faced by the local property market.