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Fauzi: Only ethnic Chinese oppose ? witch descent was very calm and the Linus plant does not affect housing prices in Kuantan

5 pm on May 21, 2012 29



(Kuala Lumpur, 21) Nasir Sabah Rudin, an associate manager Mohd Fauzi said the Lynas rare earth plant construction had no impact on the Kuantan surrounding housing prices and demand decline, and directed only against the operation of the rare earth plant ethnic Chinese, the other hand, Wu-American residents, but the performance of calm, with no fear.

He said that nearly 90 percent of witch-American residents living in the vicinity of the industrial zone of off Dange Bin produce a market industry by industry valuation Bureau report also showed that industry demand is increasing not only Kuantan Even housing prices and demand from the Lynas rare earth plant is only 11 km are not affected, as usual. Mohd Fauzi said that the past five years, Kuantan single-storey townhouses and semi-detached housing sales, industry sales are still encouraging.

"To complete the transaction in 2007 to 2011 single-storey townhouses, respectively, 616, 771, 1352, 848 and 885; As for the semi-detached house for nearly five years of successful trading, 171, 188, 404 were 340 and 269. "the price of housing in Damansara Town, only 11 kilometers from the Lynas rare earth plant increase, the 2011 2006 period, the price of single-layer townhouses from 110,000 ringgit hike to 13 million ringgit; The semi-detached house prices also increased from RM150, 000 to RM250, 000, also showed that demand for housing will not be affected.

Asked whether homebuyers because the Lynas rare earth plant to cancel the sale of housing agreement, Mohd Fauzi said, cancel the sale and purchase agreement, but not because of Linus set up factories, but on house prices and housing lending as expected, to cancel the transaction. He added, mainly the gabion district near the housing is affordable housing, Lynas rare earth plant construction obviously did not have a negative impact for local buying and selling homes. Mohd Fauzi in Linus advanced material plant (LAMP), especially selection committee hearing today, according to its own 17 years of industry valuation experience, made the remarks.

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