Youths want affordable homes now

JOHOR BARU: As they welcome the stamp duty exemption policy extended to first-time house buyers, Malaysian youngsters have called for the construction of more affordable homes.

Self-employed S. Balachandran, 28, said it was a great move to waive or reduce the stamp duty, but the government should also encourage the construction of more low-cost housing projects.

“Property prices here are really high. Even with the stamp duty exemption, not many can meet the bank’s requirements for a housing loan,” he said.

Salesgirl Goh Wee Lin, 26, has no plans to buy a house yet due to high property prices.

“Every married couple wants a place of their own but we cannot afford one right now because it is really expensive and we have other commitments.

“We are renting an apartment near Pasir Gudang for RM950 per month,” she added.

Technician Mohd Rizal Abdul Rahman, 31, and his wife of five years have been looking forward to owning a dream house one day.

At present, they are renting a flat for RM700 in Kempas.

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stamp duty , exemption , house buyers , property


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