THE Ministry of Housing and Local Government (KPKT) plans to set up a property data platform that will integrate all existing and past information to overcome the supply-demand mismatch and housing glut in the country.
KPKT’s national housing department DG Jayaselan Navaratnam said the project, to be materialised over the next two years, would include data sharing from the Employees Provident Fund (EPF) and Inland Revenue Board (IRB).
Currently, the ministry is working with National Property Information Centre (Napic) under Valuation and Property Services Department, an agency under the Ministry of Finance, he told The Malaysian Reserve recently.
Jayaselan said the platform would synergise and consolidate the data collection, and analyse processes under one roof.
Media Title: The Malaysian Reserve
Date: 29 Jul, 2019