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By P PREM KUMAR / Pic bY MUHD AMIN NAHARUL
Tea federal government's new policy will be followed by the current scenario and will be taken over by the previous administration.
Housing and Local Government Minister Zuraida Kamaruddin (Picture) said the affordable housing policy will be "different from old concepts" and will be unveiled soon.
"The policy is currently awaiting Cabinet's approval, which I am confident that it would get through," she told reporters at the Parliament lobby yesterday.
Among the snippets available on the policy include the training of a National Affordable Housing Council which will include the following: 1Malaysia People 's Housing Project and Syarikat Perumahan Negara Bhd.
The policy is also expected to enforce a no-sale clause. The subsidized development in main cities is expected to be launched on a basis-only basis.
Zuraida also welcomed suggestions from the Emkay Group executive chairman Tan Sri Mustafa Kamal Abu Bakar to sell affordable houses in Kuala Lumpur through a cross-subsidy method.
While claiming the proposal was a "perspective of the private sector", the minister suggested that such developers should wait for full government.
She said the full policy could help alleviate concerns of private developers and public.
"I take it as a private sector's perspective. But maybe Mustapha needs to listen to the full house.
Last week, Mustapha suggested a cross-subsidization method that would make RM70,000 within Kuala Lumpur possible.
Under the proposal, RM70,000-RM80,000 developers, homes at RM300,000, homes and markets at a ratio of 10: 40: 40: 10; and the margins shared across the development to ensure profitability.
The concept of the profits of the state. On the other hand, the federal government will be able to provide services to the public.
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