|  ©The Star
by V. Chandrasekaran
SUNGAI PETANI: The Kedah Government’s move to increase bumiputra quota in housing schemes from 30% to 50% will cripple the housing and related industries in the state.
Gurun assemblyman Dr Leong Yong Kong said this would lead to unemployment and cause serious damage to the state’s economy.
“The new requirement will discourage private developers from undertaking new housing schemes,“ he said.
He said even with the current 30% quota system, private housing developers were having problems selling units.
The state government should carry out a survey to find out why Malays could not buy houses or shoplots in private housing schemes, he said.
“It should then come up with solutions to help them instead of imposing a higher housing quota,” he said, commenting on Mentri Besar Datuk Seri Azizan Abdul Razak’s recent statement on a new bumiputra quota in housing schemes from 30% to 50% effective Sept 1.
On Saturday, Azizan said the state government would get government-linked companies to build affordable homes for Kedah if private developers were reluctant to do so. |
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