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Nga: House prices should not rise steeply due to fleet cards

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Teluk Intan News

Nga Kor Ming,Housing,Local Government

MUNICH, Germany (Reuters) - Following is reaction from Friday's Euro 2024 opening game in which Germany beat 10-man Scotland 5-1, with goals from Florian Wirtz, Jamal Musiala, Kai Havertz, Niclas Fullkrug and Emre Can for Germany, and an own goal by Antonio Ruediger for the Scots.

TELUK INTAN: There should not be a steep increase in house prices after the diesel rationalisation exercise was announced, as many owners of diesel vehicles can still buy the fuel at subsidised prices, says Nga Kor Ming.

He said the Domestic Trade and Cost of Living Ministry would monitor the situation to ensure no one took advantage and burdened the people by increasing prices. “I understand from the Finance Ministry that about 400,000 diesel vehicle owners will receive these cards. So I see no reason for the prices to increase steeply,” he said after a ground-breaking ceremony for the Bandar PR1MA Teluk Intan project here yesterday.

 

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