CUEPACS Calls For Consultative Council To Monitor House Prices

CUEPACS Calls For Consultative Council To Monitor House Prices

MUAR, April 6 — The Congress of Unions of Employees in the Public and Civil Services (CUEPACS) has proposed for the government to set up a consultative council to monitor the hike in house prices, said its president Datuk Azih Muda.

He said the effort must be immediately implemented as the government needed to monitor prices and not just adhere to prices set by housing developers.

Based on complaints received by Cuepacs, he said, 40% of housing loans made by civil servants through banks or the Public Sector Housing Financing Board (LPPSA) were rejected due to salaries that did not meet the criteria.

“Currently, with skyrocketing house prices, it is as if there is no control on the matter. Thus, if this persists, civil servants or the public with income below RM8,000 will not be able to buy a semi-detached house nor even own their unit,” he said.

He told reporters this at the launching ceremony of the Amalgamated National Union of Local Authorities Employees (Anulae) triennial general meeting for the Muar Municipal Council and Muar Kospeta Malaysia Berhad, here today.

Azih said Cuepacs also hoped that the government would review in detail the reasons for changing the status of Bumiputera ownership houses and not easily give approvals on the excuse that the housing units could not be sold.

He urged the government to set up a new mechanism by studying ways to ensure that Bumiputera ownership houses could be sold out, especially to civil servants.

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