Penang chief minister: Affordable housing cap announced by Najib in 2012

GEORGE TOWN - The RM400,000 (S$134,200) ceiling price for affordable homes was announced by Prime Minister Datuk Seri Najib Tun Razak during Budget 2012, says Penang Chief Minister Lim Guan Eng (pic).

"During Budget 2012, the Prime Minister announced that the Government had launched My First Home Scheme in March 2011 to meet the demand for houses for those earning below RM3,000.

"The context further stated that 'to expand the scheme, the Government proposes to increase the limit of house prices from a maximum of RM220,000 to RM400,000'," he said during a press conference at Komtar Friday.

He also distributed the text of the 2012 budget speech text announced by Najib on Oct 7, 2011 and said it was Najib and Perbadanan PR1MA Malaysia (PR1MA) who had determined the ceiling price.

Lim was responding to Urban Well-being, Housing and Local Government Minister Datuk Abdul Rahman Dahlan's accusations that he was lying over who had set the ceiling price.

"On Thursday, he (Abdul Rahman) tried to stress that the cap was never set by the Government as it is under the jurisdiction of the state government.

"He also admitted that my statement on the Economic Report 2013/2014 and the Budget 2013 tabled by the Prime Minister mentioned the maximum price limit for affordable housing cap of RM400,000," he said.

Abdul Rahman had denied the cap on affordable housing was set by the Government.

He claimed that the Penang government clearly knew that the Prime Minister has requested for all state governments to review the house price ranges so that the prices can be standardised throughout the whole country during the National Housing Council (NHC) meeting on Oct 21, 2015.