Burden for new homebuyers


Cost transfer: Property developers may shift diesel subsidy rationalisation costs from construction and transportation to luxury dwelling projects, says an insider. — Photo from Bernama

PETALING JAYA: Property developers will have no choice but to transfer the extra costs from the diesel subsidy rationalisation for the construction and transportation industries to high-end housing projects, says an industry member.

Former Perak Real Estate and Housing Developers Association (Rehda) chairman Tony Khoo said for the state’s housing policy, housing projects must comprise 10% low-cost houses, 20% medium-cost houses, and 10% “Rumah Perakku” houses.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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