The Ministry of Housing and Local Government has established a Housing Integrated Data System to help it identify the demand for and supply of affordable housing nationwide. Its minister, Zuraida Kamaruddin, told theSun that the ministry had encountered difficulties in obtaining information such as income levels by location and other data that are relevant to housing supply and demand.
“Malaysia does not have a complete database m containing information on supply and demand for housing according to the report by Bank Negara (in 2017).” Such data would help the ministry to gauge and adjust the supply of houses to meet the demands according to location. The absence of such information could contribute to high numbers of residential overhang.
“The federal government through the Ministry of Housing and Local Government is working closely with relevant ministries and agencies to identify issues and problems involved for the provision of one million affordable homes,” Zuraida said.
Media Title: The Sun
Date: 27 Feb 2019