No profit in affordable housing, subsidies a must, says PSM

  • Nation Premium
  • Thursday, 21 Feb 2019

SEMENYIH: Parti Sosialis Malaysia (PSM) has hit out at the Pakatan Harapan government for its definition of affordable housing, saying that the appropriate price should be around RM100,000.

PSM secretary-general A. Sivarajan said that with the current monthly minimum wage set at RM1,050, defining affordable housing prices as being between RM250,000 and RM300,000 is “illogical”.

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