Rehda tells govts, local councils to cooperate on affordable housing

Rehda president Datuk Seri FD Iskandar (pic) said many genuine housebuyers had problems coming up with their downpayment when financial institutions only offered financing of up to 80%.. (Real Estate and Housing Developers

PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) has urged the federal, state and local governments to work together to tackle the affordable housing issue.

Its president Datuk Seri FD Iskandar said he three parties should provide leeways to affordable housing developers such as collecting lower premium at higher density lands without imposing development charges.