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Day: February 22, 2021

EMPTY HOUSES, HOMELESS PEOPLE: Need for a National Housing Policy and need to prioritise rental and social housing

It is not surprising, yet depressing, that property overhang is the highest since 2018 with 63,063 unsold units valued at RM46.96 billion as in June 2020. By September 2020, the overhang worsened with high-rise units with prices ranging between RM200,000 and RM700,000 worse hit, accounting for 70.5% of the overhang. These figures reflect a total failure of our housing policy which allows...
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