The Star |
PETALING JAYA: Malaysia has too many regulatory bodies that are tasked with affordable housing-related matters.
Rahim & Co Petaling Jaya office director Choy Yue Kwong said having multiple bodies was not beneficial, as it ultimately hinders effective implementation.
“Recently our Local Government Development Minister Nga Kor Ming said he wanted to study how Singapore’s Housing and Development Board (HDB) became successful in implementing its objectives.
“I have worked in HDB (before) and I observed that in Singapore, there is only one centralised body that governs everything on public and affordable housing,” Choy said at Rahim & Co’s Property Market Review 2022/2023 presentation.
