Changes in nation’s housing policy requires uniformity

The still subdued consumer sentiment against a backdrop of rising cost of living and elevated household debts is holding consumers back from committing themselves to the purchase of big ticket items like a house.

AS we celebrate Malaysia Day tomorrow, it is perhaps an opportune time to reflect on certain government policies that have brought us thus far and whether they in any way require fine-tuning due to changes in circumstances or whether our policies are indeed outdated.

Malaysia has always been an investor friendly nation and this I mean not only to foreign direct investments (FDIs) but also to property investors as we do not restrict ownership of properties by non-citizens or non-residents.