Tony Pua wants Selangor to cut Bumi discount for luxury homes
SHAH ALAM, July 26 – PJ Utara MP Tony Pua urged the Selangor government today to slash Bumiputera discounts for luxury homes and commercial property in the state, to improve competitiveness and restore investor confidence.
"Sacred cows need to be slaughtered," said the chief economist for the DAP.

Pua's statement, which will raise eyebrows among the country's Malay majority population, follows a recent United Nations report which showed that Malaysia's Foreign Direct Investment (FDI) had plunged 81 per cent last year.
However, Pua said the seven per cent discounts enjoyed by Malays and other Bumiputeras should be retained for homes below RM500,000.

"I am not against affirmative action but not for homes that cost RM1 million or RM2 million," said Pua.

He argues that no discounts should be given for commercial property above RM2 million.
The Oxford graduate, who was among panellists at a dialogue to discuss Selangor's 2011 budget, pointed out that many "brokers" were taking advantage of the policy.

Pua said effectively these units are being bought by middlemen, with a seven per cent discount, and then re-sold for profit of two per cent.
He pointed out that the state should also review its policy of giving out cheap land to subsidiaries.
Sumber Bernama

Jika ini yang menjadi matlamat mereka pakatan rakyat maka kita orang Melayu wajib menentangnya!

Hak yang sudah termaktub buat Bumiputera tidak perlu di pertikaikan ataupun di hapuskan sama sekali!

Sudah masanya orang Melayu Bangit Bersatu tampa mengira fahaman politik bagi kita menidakkan kerakusan bangsa asing yang seakan lapar dan dahaga dengan bumi bertuah ini.

H.O.M.
Hak Orang Melayu
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