Scrap property discounts for rich bumis, says Bursa chairman


PUTRAJAYA: Discounts for rich bumiputra to buy luxury homes should be scrapped in the new economic agenda to empower the community in favour of policies that are aimed at those who earn low incomes.

"Property discounts for bumiputra buyers who want to buy a RM2mil ringgit bungalow are not suitable," says Tan Sri Abdul Wahid Omar, who presented the findings of a cluster on wealth creation at the Bumiputra Economic Congress 2024.

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