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DNR: Properties in Penang only for the rich, says Chua

Wednesday, October 24, 2012

The Penang Government has come under fire for depriving more than 100,000 local families of the chance to own houses on the island.

MCA president Datuk Seri Dr Chua Soi Lek said the properties on Penang island were now beyond the reach of those earning below RM7, 000. “It seems that Penang island is now only meant for the rich.” Dr Chua said this in response to the Valuation and Property Services Department statistics.
Chua also lambasted Chief Minister Lim Guan Eng for misleading the public into thinking that the state was doing well based on the size of its coffers. “They (the DAP-led state government) go around proudly showing how much they have collected. But generating revenue from the sale of land is not sustainable, especially in a land-scarce state like Penang.
“Income from sale of land should be regarded as extraordinary gain, as it is certainly not recurrent, sustainable or long term,” he said. Dr Chua said the claims by some quarters that people in Penang were happy with the state government were a mere illusion.
“Reality will hit them when the majority starts pushing for decent, affordable homes,” he said.

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Alecia Tan, EzineArticles Platinum Author