00:00Do we have anything new from this project to address the issue of Projek Terbengkalai and undersold houses?
00:30KPKT has saved 704 projects, which are undersold and undersold.
00:37The GDP value is RM58.94 billion.
00:43And the number of buyers who have now managed to get the keys that we have saved by the Ministry is 82,354 people.
00:53This is huge.
00:54We can build a stadium in Bukit Jali.
00:57And we have saved the project.
00:59So, of course, we are monitoring.
01:01And then we are taking proactive steps.
01:03We identify what's next to come in and then to help.
01:07That's all in the Ministry's initiative.
01:09And then we know what we are doing.
01:12Now, we also have a desire to move.
01:17The Proposal for the Development of Houses in 1966.
01:25We will also strengthen the conditions for the development of houses.
01:30For example, if the move is successful,
01:35any developers involved in fraud will be banned from traveling overseas.
01:46They will be blacklisted.
01:48I'm not going to blacklist them.
01:50I will blacklist their family as well.
01:52To ensure that the developers are truly honest in defending their rights.
02:05The Government to tighten its Housing Credit Guarantee Scheme criteria.
02:09They say the scheme should be limited to personal buyers and applicable to properties priced below RM300,000.
02:17What are your views?
02:19This is for first-home buyers.
02:22So, what is it to tighten?
02:25The existing scheme is also for first-home buyers.
02:29We have to ensure that we are already on the right track.
02:32As I mentioned earlier, we have already achieved 76.9%.
02:36Every Malaysian family owns a home.
02:38My dream is to reach 100%.
02:40So that everyone owns a home.
02:42Why is this so important?
02:44Because owning a house gives a sense of security.
02:48It is also a reflection of a living quality.
02:54Especially those who are good at investing in the real estate sector.
02:57Many of them create wealth through property investment.
03:03This is not the Government's duty to curb that.
03:06Because we already have real property gain tax to stop people from speculating.
03:11Never forget, you buy today, you sell, you are entitled to pay 30% real property gain tax.
03:17So, that is enough.
03:19We have a clear and comprehensive mechanism to stop speculation in the real estate sector.
Comments