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JLW suggests housing body like Singapore's HDB for Malaysia

Its article on affordable housing cites affordability gap, the lack of a coordinating agency and checks as concerns

Published Tue, Oct 17, 2017 · 09:50 PM

Kuala Lumpur

MALAYSIA needs a single authority akin to Singapore's Housing and Development Board (HDB) to oversee the implementation of transparent, sound and coordinated public policies and to plan and manage the demand and supply of affordable homes, a property consultancy has suggested.

In an article on affordable housing, Jones Lang Wootton (JLW) expressed concern that incomes have lagged increases in home prices, and t…