Malaysia

Selangor assembly approves blanket PKNS home discounts

July 12, 2012

SHAH ALAM, July 12 — The Selangor State Assembly sitting today passed a motion to allow property developer Selangor Economic Development Corporation (PKNS) to offer a seven per cent discount to all races keen to buy homes developed by the corporation.

Speaker Datuk Teng Chang Kim announced that the motion, which was submitted by M. Manoharan (DAP-Kota Alam Shah) and supported by Lau Weng San (DAP-Kampung Tunku), received majority support from the assembly members.

The motion proposed that the state government direct PKNS to give a seven per cent discount immediately for all categories of houses to Selangor-born buyers of any race.

The sitting was adjourned sine die. — Bernama

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