Tuesday, October 21, 2008
Thanks to PAS state govt, it's now 50 per cent.
The Kedah PAS-led state government has infuriated housing developers in the state with a new ruling requiring a 50 per cent quota for new houses to be allocated to bumiputras, the New Straits Times reported today. The current policy is 30 per cent for bumiputras in other states. At a glance, it makes sense for Kedah to have the ruling as the state's population is predominantly Malays. The only snag is that with the 50 per cent ruling, which comes with discounted rate for bumiputra buyers, housing developers can expect to be hard hit. In short, it means losses. The sole DAP assemblyman Lee Guan Aik has given the state government until Nov 18 to withdraw its new policy. Even the Kedah Malay Chamber of Commerce president Datuk Zainol Abidin Abdul Hamid has objected as bumiputra developers would be hit as well. Obviously, the Kedah PAS state government has given little thought to this policy. Earlier this year, the state government irked environmentalists with its decision to carry out logging in a densely forested area. Lee is now saying the policy was not reflective of the Kedah PAS' slogan of "PAS For All."