There needs to be a unifying body to regulate all laws governing the property sector to improve home ownership.
National Housing Department director-general N. Jayaselan, from the HousÂing and Local Government Ministry, said that while there are many laws governing the industry, they operate in isolation.
“We don’t have an umbrella (body) to bring all the required acts together. Then it is easier to come up with the right idea,” he said in a panel discussion during the launch of Khazanah Research Institute’s “Rethinking Housing: Between State, Market and Society” report yesterday.
Jayaselan said the ministry had been doing its best to ease the affordable housing woes in the country.
