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Malaysia drawing up plans to stabilise home prices

Malaysia drawing up plans to stabilise home prices

A new framework to address concerns over the sharp increase in construction costs contributed by the Ukraine conflict will be drawn up by Malaysia’s National Affordable Housing Council. Prime Minister Ismail Sabri Yaakob said the government was determined to find a solution to the issue that was affecting home prices.

Consider state-funded affordable housing, govt told

PETALING JAYA: Any increase in construction costs will ultimately be passed down on housing prices, said the Malaysian Real Estate and Housing Developers’ Association (Rehda).

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