BN will be betraying its former election promise of cheaper houses, as the new duty on imported steel construction materials will likely push up building costs, said Perak DAP leaders.
“We strongly condemned the government’s move to impose new taxes on imported steel products. This new tax will increase the domestic construction costs and thus lead to higher property prices.
“Property developers will definitely not absorb this newly imposed import duty, and will pass on the cost increase to property buyers....