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Rumawip won't reduce resale moratorium period

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The Federal Territories Affordable Housing (Rumawip) project will not emulate the 1Malaysia People's Housing programme (PR1MA) in reducing the resale moratorium to five years.

Federal Territories Minister Tengku Adnan Tengku Mansor said the present 10 year moratorium will be maintained to prevent speculation.

"PR1MA houses are all over the place. Rumawip are in prime areas, near the city, so we are worried," he said...

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