CEO Morning Brief

Affordable Housing Prices Maintained Despite Implementation of Targeted Diesel Subsidy — Deputy Minister

Publish date: Fri, 21 Jun 2024, 10:22 AM
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TheEdge CEO Morning Brief

CYBERJAYA (June 20): Affordable housing prices remain below RM300,000 per unit, despite the implementation of targeted diesel subsidies, said Deputy Housing and Local Government Minister Datuk Aiman Athirah Sabu.

She clarified that the Ministry of Domestic Trade and Cost of Living maintains effective monitoring to prevent any arbitrary price hikes or increases in management service costs.

"So far, there has been no increase in house prices. The price of affordable housing remains below RM300,000," she said.

She was speaking to the media after the 2024 Sentuhan Kasih Sepang sacrificial ritual programme with the Malaysian Fire and Rescue Department (JBPM), in collaboration with her ministry, here on Thursday.

She also assured that prices of goods in the construction sector will not be affected as they are under control.

Also present at the sacrificial ritual were ministry secretary general Datuk M Noor Azman Taib, and JBPM director general Datuk Nor Hisham Mohammad.

Nor Hisham noted that this year's sacrificial ritual involved 33 cows and four goats, making it the largest sacrificial event organised by the department.

"The main emphasis of the sacrifice is the willingness of our officers to participate in this ritual and their camaraderie, which embodies the spirit," he said.

Nor Hisham said that 1,000 people took part in the ritual, including 250 JBPM members and 50 ministry officers.

He added that 1,000 packs of sacrificial meat would be distributed, of which 600 packs are for asnaf groups.

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Source: TheEdge - 21 Jun 2024

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