Dr M: Lower rate offered to Kg Baru landowners to ensure property prices are affordable to Malays | TheStarTV.com

Dr M: Lower rate offered to Kg Baru landowners to ensure property prices are affordable to Malays

Published on 15 Oct 2019 2:15:34 PM

A higher price can be offered to Kampung Baru landowners for their plots, but that would mean their descendants might not be able to afford to live in that area anymore, says Tun Dr Mahathir Mohamad.

Speaking to reporters on Tuesday, the Prime Minister said higher land prices would lead to higher property prices that may be out of reach for many Malays.

Keywords
kampung baru, kuala lumpur, land price, mahathir mohamad, tun m

A higher price can be offered to Kampung Baru landowners for their plots, but that would mean their descendants might not be able to afford to live in that area anymore, says Tun Dr Mahathir Mohamad.

Speaking to reporters on Tuesday, the Prime Minister said higher land prices would lead to higher property prices that may be out of reach for many Malays.

Keywords:
kampung baru, kuala lumpur, land price, mahathir mohamad, tun m

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