Thursday 31 January 2013

Affordable housing still costly, says Penang BN

By Farah Wahida:

Majority of households in Penang cannot afford the 100plus-unit low-cost housing project proposed by the state government in Jalan SP Chelliah, claimed State BN chairman Teng Chang Yeow.

Even if the units are priced from RM200,000 to RM400,000, they are still too expensive for families earning less than RM5,000 each month, he said.

“The state government is being political and is not trying to solve the housing woes,” he added.

In addition, the state government is also constructing about 12,000 houses in Batu Kawan with prices ranging between RM72,500 and RM220,000 per unit.

Teng noted that home prices in Batu Kawan should be reduced as the “land cost is zero for the government”.

He explained that an average Penangite is on the lookout for houses priced between RM220,000 and RM300,000.

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