Penang to reassess Indian Muslim housing discount, considers extending offer to all buyers, says CM
Penang Chief Minister Chow Kon Yeow said he has directed State Housing and Environment Committee chairman, Datuk Seri S. Sundarajoo, to refine the policy with developers to extend the discount to all buyers. — Picture by Opalyn Mok
Sunday, 08 Jun 2025 11:55 AM MYT
GEORGE TOWN, June 8 — The Penang state executive council (MMK) will review the five per cent discount offer for first-time homebuyers from the Indian Muslim community in Penang and make an appropriate decision for the benefit of all parties.
Chief Minister Chow Kon Yeow said he has directed State Housing and Environment Committee chairman, Datuk Seri S. Sundarajoo, to refine the policy with developers to extend the discount to all buyers.
He said this is to ensure the policy is more inclusive and benefits all segments of society, in line with the principles of social justice.
“The state government has received various feedback regarding the announcement of the intervention measure to provide a five per cent discount to the Indian Muslim community for the purchase of unsold (overhang) property units, as announced by the State Housing and Environment Committee chairman on June 5.
“Some of the feedback and views received suggest that the discount should also be offered to all buyers to stimulate the property sector, particularly the sale of unsold properties or units,” he said in a statement today.
On Thursday, Sundarajoo announced a five per cent discount for the Indian Muslim community for the purchase of residential and commercial units under the Madani Inclusive Property Sector Catalyst Policy (MOC).
This is among several incentives in the policy, effective from June 1, 2025 to May 31, 2026, in addition to introducing a special category, Rumah MutiaraKu (RMKu) Type D, with a maximum ceiling price of RM400,000, and a reduction in contribution rates for developers who do not physically provide RMKu Type A or B units.
The policy is an intervention measure to revitalise the property sector, following discussions and agreement with housing industry stakeholders, taking into account the increasingly concerning oversupply of non-affordable units in Penang.
According to the Penang Property Market Report for the Fourth Quarter of 2024, issued by the National Property Information Centre (NAPIC), a total of 2,796 residential units have been identified as unsold, involving various types of residential properties across the state. — Bernama
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kt comments:
Originally, why made the 5% discount offer ONLY to Indian Muslim? Was that to appease "someone"? wakakaka. That "someone" won't (yap, will NOT) be pleased by such an (insulting) offer as he only has a few spoonful of Indian blood lah, wakakaka.
Definitely this is racist. But Ishmaels always get special treatment, not only in Penang but all over the world.
ReplyDeleteSince the Isaac Declaration of Independence in 1948, fixed-term military service has been compulsory in their country. The draft laws of the Isaac Defense Forces (IDF) only apply to Isaacs (males and females), Druze (males only), and Circassians (males only). Because the Druze and Circassian communities are less populous, their women are exempted from mandatory military service altogether. Women from the Isaac community are not exempted, but serve for slightly shorter terms than their male counterparts. The IDF does not conscript Ishmael citizens of Issac-land, though their men and women may enlist voluntarily.
Clearly this is also racist but what to do? Ishmaels think they are the Chosen One....deserve special diskaun here there everywhere, extra places for universiti entrance, good positions in gomen servis, excused from National Servis etc. Remember the poor Yindian girl got silenced by PMX when she asked about limited universiti entrance for qualified Yindians.
EVERY DEVELOPER SHOULD GIVE THE FACIST RACIST TERRORIST HAMAS BROTHERHOOD OF ISLAM 5% DISCOUNT ON PROPERTY PURCHASE AND GIVE OTHER MALAYSIAN 15% OFF THE RRP...RECOMMENDED RETAIL PRICE.....THIS IS CALL PLAY THE HUDAIBIYAH ISLAMIC BANKING SUKUK GAME OF KELIRU AND TELL THEM TO MURTAD ........TO GET 15% DISCOUNT QUIETLY .....
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