Ironing out the affordable housing issue


The interest and different issues surrounding the property sector made the National Housing Department director-general a popular target for questions at the Affordable Housing Seminar 2018. StarBizWeek caught up with Jayaselan K. Navaratnam in a Q&A as below:

Is it likely for a US style sub-prime crisis to happen here if interest rates are lowered for buyers of afforable housing as being discussed by the Housing Ministry?

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , property

Next In Business News

Gold scales new high past US$4,700/oz as Trump threats fuel safe-haven demand
EcoFirst appoints two new independent non-executive directors
Indonesia to ensure�c.bank independence, rupiah to rebound, finance minister says
Standard Chartered sees Malaysia’s 2026 GDP growth at 4.5%
Asian bonds draw strong foreign inflows in December
Malaysia’s auto market maintains momentum with 820,752 units sold in 2025
China to play 'stabilising' role in Davos
Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday

Others Also Read