We need more out-of-the-box ideas to in­crease the sup­ply of such houses es­pe­cially by un­lock­ing the gov­ern­ment’s vast land bank for de­vel­op­ment of cheaper homes.”

The Sun (Malaysia) - - SPEAK UP -

when the cars are re­pos­sessed by banks due to re­pay­ment de­fault.

We need more out-of-the-box ideas to in­crease the sup­ply of such houses es­pe­cially by un­lock­ing the gov­ern­ment’s vast land bank for de­vel­op­ment of cheaper homes.

The price of land, es­pe­cially in the ur­ban cen­tres, is al­ways the pro­hib­i­tive fac­tor for devel­op­ers to price their projects ac­cord­ing to what most wage earn­ers can af­ford.

Bu­reau­cracy must, once and for all, be re­moved in cases where it adds up to spi­ralling costs that would be re­flected on house prices.

It’s com­mon knowl­edge for all those who have to deal with the Land Of­fice that it’s still one gov­ern­ment depart­ment that’s been get­ting the most pub­lic com­plaints for in­ef­fi­ciency.

Our au­thor­i­ties deal­ing with the de­liv­ery of pub­lic hous­ing need to visit Sin­ga­pore’s Hous­ing De­vel­op­ment Board to study how it has man­aged to en­able at least 85% of the is­land na­tion’s pop­u­la­tion to own houses.

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