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

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”.