PETALING JAYA: A veteran in the real estate business has warned of a shortage of houses for lease if rent rates are capped under the proposed Residential Tenancy Act.
He questioned whether the government was thinking of forcing people to put up their properties for rent.Last Sunday, Housing and Local Government Minister Zuraida Kamaruddin said the government was drafting a law to set a maximum rental rate. She mentioned low-cost houses in particular.Cheong said market forces had nothing to do with race.
“Say a Malay person comes to me and offers RM2,000 to rent my property, but the next person who comes can offer me RM2,500 and he happens to be Chinese. If I choose to rent it to the Chinese guy, is that racial discrimination?”
The rakyat cant afford if not capped. Dont just think of market only lah & sell to foreigners while locals main jauh jauh. Siowlan.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Benitez wants Newcastle to be more competitive in transfer market(Reuters) - Newcastle United must loosen their purse strings in the pursuit of players who can help unlock the full potential of the Premier League club, manager Rafa Benitez said.
Source: staronline - 🏆 4. / 75 Read more »
M'sia risks falling out of market index, and 9 things that happened yesterdayKINI ROUNDUP | Key headlines you may have missed yesterday, in brief.
Source: malaysiakini - 🏆 20. / 51 Read more »
Benitez wants Newcastle to be more competitive in transfer market | Malay MailNEWCASTLE, April 13 — Newcastle United must loosen their purse strings in the pursuit of players who can help unlock the full potential of the Premier League club, manager Rafa Benitez said. After guiding Newcastle to a 1-0 league victory at Leicester yesterday, Benitez said the club had to be...
Source: malaymail - 🏆 1. / 86 Read more »
Finland polls winner Rinne a ‘labour market gangster’ | The Malaysian InsightFormer trade unionist now faces tough task of forming government after slim victory.
Source: msianinsight - 🏆 8. / 63 Read more »
Drop in imports due to weaker ringgit, battered stock market, says economistHoo Ke Ping says it is unlikely that the 9.4% fall in imports in February was due to the midweek Chinese New Year celebrations.
Source: fmtoday - 🏆 5. / 72 Read more »
Ringgit under added pressure after doubt over Malaysia’s spot in bonds market | Malay MailKUALA LUMPUR, April 18 — News that Malaysia might be disqualified from the World Government Bond Index (WGBI) weighed heavily on the ringgit in the global currency market yesterday. A report by Starbiz also predicted local selloff would intensify, with a potential exodus of almost RM20 billion to...
Source: malaymail - 🏆 1. / 86 Read more »