The Fear of Homeless Generation

Friday, September 25, 2015

The Star 25 Sept 2015
The price of houses in Malaysia is beyond the reach of average Malaysian. It is ridiculous, the price of a terrace house in Cheras is RM750 thousand.

Why the price has gone up so much. It is true that the price of the raw material had gone up, but what is the percentage of raw material to the total cost of the house. The price of land can be checked with the relevant authorities. If the cost factors are calculated, then the total cost will be known and the government can put the cap to the prices.

It is hard to understand the reasons why the authorities seem to be unwilling to do anything to control the pricing.

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