Credit-tightening cooling down property market

 Loan approvals for home purchase decline

The banks' tighter lending rules have slightly diminished the actual sales in the residential property market, according to real estate consultants as well as Bank Negara Malaysia data.

Bank Negara's website revealed that the percentage of loan approvals for houses have declined to 46.8 percent in 1H2012 from 50.1 percent over the same period last year.

The amount of mortgage applications for home purchases rose by 2.9 percent year-on-year to RM96.7 billion in 1H2012. However, the value of loans that were approved fell from RM47 billion to RM45.26 billion.

Paul Khong, Executive Director of CB Richard Ellis Malaysia (CBRE), noted that residential property prices could be affected if the mortgage approval rate continues to decline.

"In order to conclude transactions, residential property sellers may now need to realistically adjust their selling prices as many of the buyers cannot get their loan applications approved," added Khong.

CBRE's recent report on Kuala Lumpur's housing market also noted a decline in the percentage of loan approvals in Q2 2012. The report revealed that the rate "was as high as 60.5 percent during the first five months of 2008, and has declined steadily since."

The report also highlighted that the lower rate could be due to the central bank's new lending guidelines.

Anthony Chua, Director of KGV International Property Consultants, commented that although the demand for homes continues to be high, the tougher lending measures have somehow cooled the market.

"We are still monitoring the situation. There is less transactional activity in the market this year for both new property launches and the secondary market compared with last year," said Chua.

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Loan demand remains stable

 Actual sale of residential properties declining

PETALING JAYA: The residential property market may be cooling down in terms of actual sales due to credit-tightening measures by banks, according to real estate consultants and Bank Negara data.

Bank Negara's website showed loan approvals' percentage for residential properties in the country declined to 46.8% in the first half of this year from 50.1% during the same period in 2011.

The number of loans applied for purchases of residential properties increased by 2.9% year-on-year in the first half of this year to RM96.7bil.

However, the number of residential property loans approved during the six-month period declined to RM45.26bil from RM47bil in the same period in 2011.

It is also worth noting that the loan approval percentage for non-residential properties was stable at 52.3% in the first half of this year, compared with 52.4% during the same period in 2011.

The number of loans applied (RM50.35bil) and approved (RM26.35bil) for purchases of non-residential properties was also stable in the first half of this year.

CB Richard Ellis (Malaysia) Sdn Bhd executive director Paul Khong said if the housing loan approval rate continued to decline, it will affect residential property prices.

“In order to conclude transactions, residential property sellers may now need to realistically adjust their selling prices as many of the buyers cannot get their loan applications approved,” he said.

KGV International Property Consultants director Anthony Chua said although the demand for residential properties continued to be high, the credit-tightening measures by banks had resulted in the market “cooling somewhat”.

“We are still monitoring the situation. There is less transactional activity in the market this year for both new property launches and the secondary market compared with last year,” said Chua.

Property consultancy CB Richard Ellis (M) Sdn Bhd had, in its recent report on the Kuala Lumpur residential market for the second quarter of 2012, also noted that there was a significant decline in the loan approval percentage this year.

“The loan approval rate was as high as 60.5% during the first five months of 2008, and has declined steadily since,” said the report.

The CBRE report said that the lower rate of loan approvals this year could be attributed to the implementation of new lending guidelines by Bank Negara.

Effective this year, banks have started using net income instead of gross income to calculate the debt service ratio for loans.

“Anecdotal evidence from real estate agents suggests that transactional activity has also declined as a result.”

The property consultancy also pointed out that despite the lower loan approval rates, buyer interest in new property launches, typically of smaller housing units in secondary locations, during the second quarter remained strong with developers continuing to offer attractive incentives to the purchasers such as the developer interest bearing scheme (DIBS), early bird discounts, free built-in cabinets and free legal fees.

“We expect 2012 to be a period of stabilisation especially within the luxury residential market, with transactional activity depressed by uncertain economic conditions and the reduction in loan approval percentage, which remains well below 50%.”

The CBRE report also said speculative property purchases were expected to be reduced for the rest of this year, as a result of tighter lending conditions, uncertain economic outlook, and concerns about the outcome of the upcoming general election.

Meanwhile, another property consultant said the tighter lending conditions had taken a visible toll on the secondary residential property market.

“Newly-launched properties are selling well thanks to better financing access, especially with the DIBS offered by many property developers.”

The consultant said slower sales activities in the secondary residential property market had resulted in innovative offers from marketing agents.

“This includes transactions where buyers sign the sales and purchase agreement but take the bank loans only a year or twolater. In effect, the buyers lock in the unit price now (perhaps in anticipation of further increases in market prices) and defer payment until much later. This works just like an informal DIBS,” he said.

In a recent report, Kenanga Research also said based on its channel checks, the secondary market appeared to be very weak and prices of secondary and primary products have diverged further.

The research unit opined that buyers were more focussed on new launches due to financing and promotional schemes.

“From a bank's perspective, we think there is a preference to lend to the primary market as it means better asset quality whilst banks can get all-in' deals with developers (for example, end-financing to bridging to land financing) to ensure a more balanced systems loans growth.”

Kenanga Research also opined that as a result, property developers can continue to grab greater market share and chalk-up high sales, although it expected Malaysia's overall residential transaction value growth to be relatively unexciting at 5% year-on-year.

It was noted that despite the tighter lending criteria, Malaysia's total residential transaction values have remained stable in the first quarter of this year.

It said buying interest remained strong, due to residential property buyers hedging against inflation and the lack of alternative investments, but this will be reigned in by more prudent lending criteria and the banking system's fear of real-estate tightening measures such as higher real property gains tax.

By THOMAS HUONG huong@thestar.com.my/Asia News Network

60% of Malaysian accountants from Ktar?

KUALA LUMPUR: Kolej Tunku Abdul Rahman (Ktar) has produced 60% of accountants from Malaysia, said MCA president Datuk Seri Dr Chua Soi Lek.

The college, he added, was also a recipient of the Platinum Status Award by the ACCA (Association of Chartered Certified Accountants).

One of the criteria to qualify for the prestigious award is that students must consistently achieve pass rates that exceed the rest of the world in the ACCA examination.

While Ktar would be elevated to a unversity college next year, Dr Chua gave his assurance that its School of Business Studies would continue to flourish.

Nevertheless, he said there would be some changes like consolidating its 130 programmes, continuing only selected diploma programmes and introducing university programmes.

Dr Chua said deputy president Datuk Seri Liow Tiong Lai has been given a month to come up with recommendations on the changes.

The changes would also make sure that Ktar and Universiti Tunku Abdul Rahman (Utar) would complement each other and develop together, instead of competing against each other, he said in an interview at his office here.

Dr Chua noted that the two institutions were set up and run by MCA to provide quality and affordable education to Malaysians and contribute to the country's development.

Both had produced some 200,000 graduates who found jobs within six months upon graduation, he added.

Dr Chua said the college was proposed by then MCA president Tun Tan Siew Sin at the party's annual general assembly in July 1968.

Ktar, which took in its first batch of 320 students in February 1969, now has a total enrolment of 25,000 at its main campus here and branch campuses in Penang, Perak, Johor, Pahang and Sabah.

It had undergone rapid expansion at its main campus and set up branch campuses under then MCA president Tun Dr Ling Liong Sik in the 1990s, he added.

Dr Chua said the Government's ringgit-to-ringgit annual allocation for Ktar's development and administration costs since 1972 would continue, adding that RM56mil had been allocated for the purpose next year.

The allocation was needed to keep its fees affordable, he said, adding that the fees were between RM9,000 and RM10,000.

Fees at other established private colleges ranged from RM20,000 to RM40,000.

Plans were afoot to expand the main campus here to include a faculty building, students' centre and hall and vocational training building.

He said the development on Ktar's 21ha plot could proceed after the relocation of about 500 squatter families.

Dr Chua said Ktar principal Dr Tan Chik Heok has been given six months, beginning last month, to resolve the squatter issue.

Dr Tan heads a committee of academic staff which is working with Kuala Lumpur City Hall on the relocation, he added.

By FOONG PEK YEE pekyee@thestar.com.my

Learn anything new from MCA Chua Vs DAP Lim Debate?

It’s debatable who triumphed

The second debate between MCA and DAP leadership was less about convincing the audience about whose policies had better served the people than two fierce Chinese leaders slugging it out for the Chinese vote.





THERE was much less hype in the run-up to the second debate between the two leading figures in Chinese politics.

The novelty of the DAP and MCA leadership going head-to-head in a public debate had passed.



Both MCA president Datuk Seri Dr Chua Soi Lek and DAP secretary-general Lim Guan Eng had proven after the first debate that they are more than capable of taking on each other before a live audience.

As in the first debate, Lim had the advantage of being the top dog because he is the Chief Minister of Penang, an MP and an assemblyman.

Dr Chua, on the other hand, has only his party post to ride on and his party is struggling to regain the confidence of Chinese Malaysians.

Given that Lim is in charge of one of the most developed states in the country, he would have more bragging rights as regards the topic of the debate – “Whose policies benefit the country most?”

But not long after the opening remarks by both speakers, Lim went off the debate path and ventured into ceramah mode and after a while, Dr Chua felt compelled to address him on at that level.

Both launched into attack mode, with neither really answering the questions raised.

They were both more interested in scoring points with accusations rather than giving good, convincing answers on issues.

As Fui Soong, the CEO of the CENSE think-tank, said in her forthright way: “It was like cock-fighting. Lots of posturing and both men going at each other, back and forth. There was not enough intellectual content.”

In fact, the whole thing became rather childish at times, an example being when Dr Chua poked holes at Pakatan Rakyat’s Buku Jingga.

Lim, instead of defending the allegations, said that Dr Chua must have read the wrong Buku Jingga.

That is the sort of answer one would give at a ceramah and not at a national debate.

And no one could quite figure out why Lim was pushing for a debate between Prime Minister Datuk Seri Najib Tun Razak and Opposition Leader Datuk Seri Anwar Ibrahim.

He did that right at the start and again towards the end.

By the time the moderator called for a five-minute break, the two debaters had gone well off-topic and were instead taking well-aimed shots at each other.

Dr Chua had accused DAP of being a chauvinist party that is more interested in the “politics of hate and blame” rather than nation-building while Lim declared Barisan Nasional as corrupt and bashed Umno left, right and centre.

Lim is not exactly the best orator on the political ceramah circuit but he is a seasoned speaker and his ceramah style was in full display for much of the two hour-long session.

He had a lot of punchy and pithy lines.

But the thing about the ceramah mode of speaking is that it leans towards drama and exaggeration which is entertaining, but less suited for a debate audience.

Lim was in his street-fighter element when running down Barisan and mocking Umno.

This forum, which comes more than four years into his Penang tenure, would have been the ideal platform for Lim to showcase his achievements as the chief administrator.

But through much of the debate, he was far more successful in rubbishing Umno than convincing the audience that his government and his policies had benefited the people more than the policies of Barisan.

Dr Chua does not have the ceramah flamboyance of his rival.

But he has shown in both debates that his forte lies in being factual and analytical and he thinks quite well on his feet.

He is no drama king and he does not embellish the facts to entertain the people although he can be quite caustic in his rebuttals.

But as many who watched the debate would agree, it is evident that Dr Chua understands policies, is good at facts and figures and his experience in the Government comes across quite clearly.

For instance, when Lim tried to politicise the privatisation of the Penang port, Dr Chua argued the rationale of the move with statistics.

His other advantage was that he could sell the “Najib brand name” whereas Lim was rather reticent about the “Anwar brand” even while endorsing him as the prime minister candidate.

Dr Chua came across as rather staid and serious compared to Lim’s more showy style.

But Lim might want to moderate his ceramah style when speaking before a thinking audience.

He has what the Malays term a senyum kambing side about him when running down his opponents and while that goes down well with his supporters, those less acquainted with his style may find it sarcastic or even arrogant.

A little humility would have served him better.

He is the Chief Minister of a key state and he should try not to sound like an Opposition leader.

Both men started well but as the debate progressed, Lim’s ceramah style put him ahead.

However, Dr Chua made a much more sensible summing up while Lim went over the top with a rousing speech rather than a conclusion.

Said Fui: “I feel kind of cheated. I had expected more but I feel like I didn’t learn anything new.”

ANALYSIS By JOCELINE TAN



Chua vs Lim debate: DAP & MCA: Whose Policies Benefit the Country More?

Photo Gallery : Debate 2.0

KUALA LUMPUR: MCA's Datuk Seri Dr Chua Soi Lek and DAP's Lim Guan Eng took to the podium together for a second time in months on Sunday as both leaders took each other on over whose policies had better served the rakyat.

They engaged in a fiery two-hour debate themed DAP & MCA: Whose Policies Benefit The Country More at the Sunway Pyramid Convention Centre here yesterday, organised by the Asian Strategy and Leadership Institute (Asli).

In his opening remarks, the MCA president highlighted the policies and programmes put in place by Prime Minister Datuk Seri Najib Tun Razak after he took over the nation's helm.

Lim, who is Penang Chief Minister, spoke about the island state being the “most liveable city in the country” while attacking MCA ministers with a string of allegations.

At one point, Dr Chua, who spoke off the cuff, took a swipe at his debate adversary, chiding him for reading from a prepared text and turning the debate into a political ceramah.

Dr Chua noted that with the government's policies in place, Malaysia's share market continued to rise as proof of the local and foreign investors rejecting DAP's theory of gloom and doom of the Malaysia economy.

He hit out at Pakatan Rakyat, saying that its ultimate aim was to grab power in the coming general election “at all costs”.

Likening Pakatan's battle cry, Ubah (change) to “Power First, and Chaos thereafter”, Dr Chua said Pakatan was only good at instigating the people to hate the Government, demonising the country's institutions and causing friction among the various races in the country.

He also pointed out that the coalition was known to be good at making promises to the people when more than 95% of their promises had yet to be fulfilled.

Lim spoke about the various improvements in Penang including poverty reduction, adding it was the first state to provide free WiFi access in public places.

He attacked MCA ministers - Tourism Minister Datuk Seri Dr Ng Yen Yen over the ministry's alleged RM1.8mil to maintain a Facebook page, Transport Minister Datuk Seri Kong Cho Ha for paying more attention to the tender for car number plates, Housing and Local Government Minister Datuk Seri Chor Chee Heung for opposing local government elections and Datuk Seri Liow Tiong Lai for allowing middlemen to be involved in the purchase of drugs.

The debate started with Lim's opening remarks.

Guan Eng at the debate

Lim: "MCA is not qualified to talk about politics here, as it is not MCA who decides - it is Umno who decides.

"The MCA speaks only for the Chinese, and those from the Peninsula - not Sabah or Sarawak.

"It is different for DAP - we want to speak for all Malaysians. Malay, Chinese, Indians, Iban, Kadazan.
"We are all Malaysians. Look at the NFC scandal," he said.

"Who gains? The cronies. The losers are the citizens of Malaysia.

"For last 50 years, consumed by race and religion. For the next 50 years, let us be consumed with the tasks of economic wellbeing.

"BN has never spoken truthfully to the people. Let Pakatan Rakyat speak truthfully to you.

Dr Chua stressing a point during the debate with Lim listening intently

"DAP believes a clean government can always perform better than a corrupt government.

"If Penang dares to review the assets of the CM, why is the PM afraid of reviewing his assets and those of his ministers?" he said.

Dr Chua: "Just now YAB asked why the PM didn't want to debate with Anwar. I want to say here, it hasn't happened because he is the prime minister. He is busy with the transformation policies, to improve the country. "From 2008 to 2011, the ease of doing business improved compared from 2003 to 2008. Malaysia is the fifth most favoured FDI nation in Asia.

"They haven't been empty promises like those from Pakatan Rakyat. The promises were fulfilled. These three years, the rakyat has gotten what was promised under the leadership of Najib."

"Anwar is full of rhetoric, no specifics, short on delivery. He has to convince us to translate this rhetoric into what we call delivery.



"MCA has been involved in nation building from day one. We were the one involved in the fight against the communist insurgency, the resettlement of the Chinese in new villages, the fight for independence, the rights of citizenship after independence. That's why citizens like Guan Eng are citizens of the country.

"We laid down the foundations. We have progressed, advocated integration not assimilation. That's why Guan Eng is not called Sukarno Lim.

"This is all history. All part of nation building. DAP has no role to play."

"What has PR done for us? No clear direction.

"Look at the four PR states, 95% of the promises are janji janji kosong.

A section of the crowd enjoying the debate

"Everyday tell the whole world you give hundred dollars to the old people.

"Two hundred to the newborn and they must be voters. We give RM200 to our newborn babies.

"State government giving RM100, RM200 all populist policies. Does not address fundamental problem of country."

"DAP has only one thing to show. They collect a lot of money from the rakyat. Despite calls of accountability, transparency - nothing to show. Transparency, Accountability, where are they? Where has the money collected gone to?

Question: Mr President... Many urban voters perceive MCA has not done enough. The perception is that many urban voters are not supporting MCA. What would you do to try regain more support for MCA?

Dr Chua: We accept the fact this is a multiracial country and the policy of BN is the policy of balancing. DAP likes to tell the Chinese they are marginalised. The poverty rate of the Chinese is still lowest among three major races. Employment rates the highest. Property ownership largest. Cannot deny in the implementaion process there are people who benefit more than others, this is the bone of contention, causes a lot of Chinese to be angry with the government and MCA bears the burden of this.

"DAP tries to portray itself as a multiracial party, but only dares to contest in Chinese constituencies.
"Why don't you contest in multiracial constituencies? We are a mono-ethnic party, but our aims are clear.

"In this country we have to balance the needs and sensitivities of all countries. No particular race will feel happy.

The crowd at the Debate 2.0

"In the same way we sometimes feel government giving too much to bumiputra. But some bumiputras not happy with government."

Question: Many people still see DAP as Chinese-based party. Are you a Chinese party or multi-racial party, how would you try to win more support among other races if you are multiracial.

Lim: From the very start we are a multiracial party. Our chairman is Indian, we have Indian MPs, have Malay MPs and state assemblymen in the past. We are fair to all regardless of race and religion. Would like the MCA president know that not every Chinese rich as the MCA leaders.

Not every Chinese can apply for PR in Australia.

Don't forget that the Chinese community pays the most taxes in Malaysia.

At the same time we want to see justice and see our Malay brothers and sisters are assisted.

Why is it poor Chinese can't get scholarships but rich bumiputras can?

Don't go and talk about DAP forming a kindergarten. We are a political party to determine the future of Malaysia.

TAR College is clearest example of failure of MCA. Why was it established? Because of unfair quota policies where qualified students cannot enter public universities. so you formed TAR College. Shame on you MCA.

Don't say we haven't built low cost housing. We have built. Don't lie.

Question:Is MCA scared of Umno, that they don't dare to question corruption claims? Is there equal partnership in BN?

Dr Chua: I take objection to that question to say MCA is sacared of Umno. Not a fair question. If I say - and I've always said - if the state Cabinet, state exco and federal Cabinet, all the discussions are taped. The government should declassify the tapes and then they understand better the role of MCA in a multiracial country.

Why is DAP so quiet about Anwar's alleged account of RM3bil, this from a statutory declaration?

This is equal partnership, let me tell you PR claims equal partnership but until today PAS have never openly endorsed Anwar as prime minister.

You can't even agree on a party common symbol and logo and register the party.

Question: I've read your Buku Jingga, stated among other things that if party win GE, forms central government they are going to abolish all road tolls, PTPTN and give income to houses that make less than RM4,000 to make up that amount. Lots of other goodies. How are you going to implement these policies bearing in mind annual revenue does not exceed RM200bil.

Lim: This the first time I'm hearing from a minister admitting corruption cost us RM26bil. Question is, what you doing about it? Are you accepting the fact that BN permits corruption? That's why I say shame on you again.

Don't talk about collections from public. When DAP organises dinners, we don't give free dinners like MCA or Umno. We charge because we rely on public funds to survive. We don't steal the government's money. That is the difference between BN and PR, the difference between MCA and DAP.

I think you need to read the right Buku Jingga, I think you read the wrong one. Abolish tolls, estimate of RM35mil. If you don't believe can be done, vote us into power and we show you can be done.

Question: On Chinese independent schools.

Dr Chua: I only wish DAP is more specific. Why is it not written more clearly they will build more Chinese schools? Independent schools? Recognise UEC?

I openly asked Anwar, are you going to build more Chinese schools? More independent schools?

Because if it is from DAP, I dont trust it. Why? Cos DAP will say this is not common policy framework.

Lim:We are not like MCA leaders who go to jail for cheating rakyat of its money.

When you talk about building of schools, judge by the deeds of the PR government in Selangor and Penang. We have given land, we have given funding, we have given funding every year. If PR can give to all these schools, independent, Indian, Chinese, every year funding, why BN cannot do so?

Don't question our openess to allow independent Chinese schools.

When you talk about Anwar if PR wins power he will be Prime Minister.

Question: What national education policy should there be to generate competent citizens?

Lim:We cannot ignore the fact that human talent will be the future of our country.

Not a question of building human talent but retaining human talent.

Since Merdeka two million Malaysians left the country because they see no future for themselves or Malaysia.

They see they don't have freedom, integrity or justice. That's why we are fighting for freedom, democracy, integrity, justice. To fight corruption is not hard, only depends on whether you got political will. No laws (to combat corruption) in Penang but we have wiped out corruption in Penang, I am proud to say.

If we win power in Malaysia, we will do the same in Malaysia. That is why so many people are afraid.

Dr Chua: When people are educated or talented, they have economic independence and social mobility. Almost all developing countries face brain drain.

This no justification. That's why when I say we trained 200,000 talented people, the Penang Chief Cminister says shame on us.

Look at our meritocracy policy, number of non-Malays in tertiary gone up. Last year, JPA gave more scholarships to all races, 20% to needy, disadvantaged in Sabah and Sarawak.

Talent Corp is another good example of reaching out. When we train talent they say shame on you. If you can't do it, admit you can't. No country in the world can meet needs of education for all citizens.

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Whose Policies Benefits the Country Most, MCA or DAP? Chua-Lim Debate 2.0

PETALING JAYA (July 8 2012): The second debate between MCA president Datuk Seri Dr Chua Soi Lek and Penang Chief Minister Lim Guan Eng has started at the Sunway Pyramid Convention Centre in Subang Jaya.

Dr Chua being greeted by a well-wisher upon his arrival at the hall.





















The debate started with Lim's opening remarks.

Lim: "MCA is not qualified to talk about politics here, as it is not MCA who decides - it is Umno who decides.

"The MCA speaks only for the Chinese, and those from the Peninsula - not Sabah or Sarawak.

"It is different for DAP - we want to speak for all Malaysians. Malay, Cina, India, Iban, Kadazan.

"We are all Malaysians. Look at the NFC scandal," he said.

"Who gains? The cronies. The losers are the citizens of Malaysia.

"For last 50 years, consumed by race and religion. For the next 50 years, let us be consumed with the tasks of economic wellbeing.

"BN has never spoken truthfully to the people. Let Pakatan Rakyat speak truthfully to you.

"DAP believes a clean govt can always perform better than a corrupt govt.

"If Penang dares to review the assets of the CM, why is the PM afraid of reviewing his assets and those of his ministers?" he said.

Dr Chua: "Just now YAB asked why the PM didn't want to debate with Anwar. I want to say here, it hasn't happened because he is the prime minister.

"From 2008 to 2011, the ease of doing business compared from 2003 to 2008. The fifth most favored FDI nation in Asia.

"They haven't been empty promises like those from Pakatan Rakyat. The promises were fulfilled. These three years, the rakyat has gotten what was promsied under the leadership of DS Najib."

"Anwar is full of rhetoric, no specific, short on delivery. He has to convince us to translate this rhetoric into what we call delivery.

"MCA has been involved in nation building from day one. We were the one involved in the fight against the communist insurgency, the resettlement of the Chinese in new villages, the fight for independence, the right of citizenship after independence. That's why citizens like LGE are citizens of the country.

"We laid down the foundations. We have progressed, advocated integration not assimiliation. That's why LGE is not called Sukarno Lim.

"These are history. All part of nation building. DAP has no role to play."

"What has PR done for us? No clear direction.

"Look at the four PR states, 95pc of the promise is janji janji kosong.

"Everyday tell the whole world you give hundred dollars to the old people.

"Two hundred to the newborn and they must be voters. We give 200 to our newborn babies.

"State govt giving 100, 200 are all populist policy. Does not address fundamental problem of country."

"DAP has only one thing to show. They collect a lot of money from the rakyat. Despite calls of accountability, transparency - nothing to show. Transparency, Accountability, where are they? Where has the money collected gone to?

"DAP is a camoflauge for Chinese chauvinist party."

Question: Mr President, stated number of major achievements of MCA, contributions to nation building. Yes today, many urban voters perceive MCA has not done enough. Perception that many urban voters are not supporting MCA. What would you do to try regain more support for MCA.

Dr Chua: We accept the fact this is a multiracial country and the policy of BN is the policy for balancing. DAP likes to tell the Chinese they are marginalised. The povery rate of Chinese is still lowest among three major races. Employment highest. Property ownership largest. Cannot deny in implementaion process there are people who benefit more than others, this is the bone of contention, cause a lot of Chinese to be angry with the govt and MCA bears the burden of this.

"DAP tries to portray itself as a multiracial party, but only dares to contest in chinese constituenciaes.

"Why don't you contest in multiracial constituencies? We are a mono-ethnic party, but our aims are clear.

"In this country we have to balance the needs and sensitivities of all countries. No particular race will feel happy.

"In the same way we sometimes feel govt giving too much to bumiputra. but some bumiputras not happy with govt."

Question: Many people still see DAP as Chinese-based party. Are you a Chinese party or multi-racial party, how would you try to win more support among other races if the latter is true.

Lim: From the very start we are a multiracial party. Our chairman is Indian, we have Indian MPs, have Malay MPs and state assemblymen in the past. We are fair to all regardless of race and religion. Would like MCA president know that not every Chinese rich as the MCA leaders.

Not every Chinese can apply for PR in Australia.

Don't forget that the Chinese community pays the most taxes in Malaysia.

At the same time we want to see justice and see our Malay brothers and sisters are assisted.

Why is it poor Chinese can't get scholarship but rich bumiputras can?

Dont go and talk about DAP forming a kindergarten. We are a political party to determine the future of Malaysia.

TAR College is clearest example of failure of MCA. Why was it established? Because of unfair quota policies where qualified students cannot enter public universities. so you formed TAR College. Shame on you MCA.

Dont say we haven't built low ccost housing. We have build. Don't lie.

Question:Is MCA scared of Umno

Dr Chua: I take objection to that question to say MCA is sacared of Umno. Not a fair question. If I say - and I've always said - if the state Cabinet, state exco and federal Cabinet, all the discussion are all taped. The govt should declassify the tape and then they und better the role of mca in a multiracial country.

Why is DAP so quiet about Anwar's alleged account of RM3bil, this from a statutory declaration.

This is equal partnership, let me tell you PR seize equal partnership but until today PAS have never openly endorsed Anwar as prime minister.

You can't event agree on a party common symbol and logo and register to party.

Question: I've read your Buku Jingga, stated among other things that if party win GE, forms central govt, going to abolish all road tolls, PTPTN and give income to houses that make less than 4K to make up that amount. Lots of other goodies. How are you going to implement these policies bearing in mind annual revenue does not exceed RM200bil.

Lim: This the first time I'm hearing from a minister admitting corruption cost us RM26bil. Question is, what you doing about it? Are you accepting the fact that BN permits corruption? That's why I say shame on you again.

Talk about collections from public. When DAP organises dinner, we don't give free dinners like MCA or Umno. We charge because we rely on public funds to survive. We don't steal the govt's money. That is the difference between BN and PR, the difference between MCA and DAP.

I think you need to read the right Buku Jingga, I think you read the wrong one. Abolish tolls, estimate of RM35mil. If you don't believe can be done, vote us into power and we show you can be done.

Question: On Chinese independent schools

Dr Chua: I only wish DAP is more specific as when they see a Chinese... why is it not written more clearly they will build more Chinese schools? indeopendent schools? recognise UEC?

I openly asked Anwar, are you going to build more Chinese schools? More independent scghool? pls tell me.

Because if it is from DAP, I dont trust. Why? Cos DAP will say this is not common policy framework.

Lim:We are not like MCA leaders who go to jail for cheating rakyat of its money.

When you talk about building of schools, judge by the deeds of the PR govt in Selangor and Penang. We have given land, we have given funding, we have given funding every year. If PR can give to all these schools, independent, Indian, Chinese, every year funding, why BN cannot do so?

Don't question our oppeness to allow indepndent Chinese schools.

Anwar, I cannot blame CSL because he gets his buku jingga from Chor Chee Heung, don't know what document they are reading. Maybe I should send videotape to you.

When you talk about Anwar if PR wins power he will be PM.

-------------------------------------------

PETALING JAYA: The Star Media Group will provide live coverage of the debate between Datuk Seri Dr Chua Soi Lek and Lim Guan Eng tomorrow. (8 July 2012, Sun 2:30pm)

SwitchUp.TV, The Star's web TV site, will stream the debate live at 2.30pm. Those who wish to view it can watch live from the switchup.tv here below:

Catch the streaming video of the Chua-Lim debate on the topic, "DAP & MCA: Whose Policies Benefit the Country More?" live from Sunway Pyramid Convention Centre on Sunday, July 8, 2012 at 1430-1630hrs :



The debate will also be broadcast live over the radio by The Star's radio stations 988, Capital FM and Red FM.

Another option is to listen to it via the stations' websites www.988.com.my, www.capitalfm.com.my and www.red.fm.

Updates will also be provided on The Star Online as well as via Twitter through @staronline.

The MCA publicity bureau will also be streaming the debate live through the party's website at www.mca.org.my or its official UStream homepage at www.ustream.tv/channel/mca-tv1.

Unlike the previous debate which was televised live, a delayed recording of tomorrow's event would be shown on Astro Awani and Astro AEC at 11pm on the same day.

Asian Strategy and Leadership Institute will provide video recordings on YouTube with a delay of between eight and 10 minutes.

Its senior vice-president Ng Yeen Seen said plainclothes security officers would be among the audience during the debate to ensure that order was maintained.

This is one of the security measures to be taken by Asli, which is the organiser of the debate.

“While we are not expecting things to get violent, it is important to have moves in place in the interest of safety,” Ng said.

She said there were no untoward incidents in the first debate between the two politicians on Feb 18 and the same was expected for the one tomorrow.

During the first debate on Feb 18, some of the audience turned rowdy when posing questions to Dr Chua, who is MCA president, and Lim, who is the DAP secretary-general and Penang Chief Minister.

Some were seen snatching the microphone and shouting during the debate titled “Chinese at the crossroads: Is the two-party system becoming a two-race system?”.

For tomorrow's debate at the Sunway Pyramid Convention Cen-tre, Ng said MCA and DAP would each be allocated 400 seats for their supporters at the right and left sides of the hall, respectively.

“In the centre rows, 500 seats have been sold to the public while another 100 are reserved for Asli's guests,” she said, adding that reporters would be seated at tables in front of the hall to allow them to monitor the debate.

The debate, titled “DAP & MCA: Whose Policies Benefit the Coun-try More?”, will be conducted in English in front of a 1,500-strong audience.

By YUEN MEIKENG meikeng@thestar.com.my
  
Related:

Nightmarish hunt for a home ?

Property consultants forecast the property market to remain slow for the rest of the year. Will the average middle-income earner be able to afford the house of their dream now?
 
COMMUNICATIONS executive Michelle (not her real name) has been house-hunting for a while now but has yet to find a property that suits her budget.

Having been in the workforce for nine years, Michelle, 33, feels it is time to buy her own house. But with the prices of residential properties in Malaysia skyrocketing over the last two years, her prospect of getting her dream home looks bleak.

“Back in 2009, my friends were telling me to buy my own place but at that time, my priority was to travel. Around last year, when I was finally ready to commit to getting a house, prices weren't what they used to be any more.

“A decent 1,000sq ft (93 sq m) apartment that used to cost around RM200,000 to RM300,000 is now RM500,000 to RM600,000. That is far beyond what I can afford,” she laments.

Soaring interest: Prospective house buyers at a property launch. — Filepic

 

From early 2010 up to the end of last year, residential properties in good locations within the Klang Valley have seen a sharp spike of between 20% and 40% in price, a trend which has caused grave concern for potential house-buyers.

But how is the scenario looking in 2012?

According to KGV International Property Consultants executive director Anthony Chua, the first half of the year has been generally quiet.

“There seems to be a breather in the residential market. It's definitely not as busy compared with the same period last year. (The number of) inquiries with us have also lessened significantly,” Chua says.

He explains that inquiries in 2012 with KGV on high-end properties (above RM2mil) have gone down by about 30% compared with the first half of last year. Inquiries on other segments (between RM1mil and RM2mil, and below RM1mil) have also gone down but not as drastically.

Reasons for this could include tighter lending guidelines set by the banks and buyers taking a more cautious approach on their investments this year.

(Following Bank Negara's new lending guidelines, which came into effect on Jan 1, loans are now approved based on net income compared with gross income previously, in addition to the need for more documentation. The new guidelines are intended to help keep household debt in Malaysia to reasonable levels.)

Chua: ‘While interest in property purchase has waned, prices are still going strong for landed property.’

Chua adds that there was a lot of speculation in the property market in the past two years, and that the market is due for a correction.

“The economic scenario is not as rosy and people are expecting things to worsen, which could be why they are hesitant to invest. And to a lesser degree, it could also be the coming general election, which is causing some uncertainties,” Chua says.

Paul Khong, executive director of property consultancy CB Richard Ellis (M) Sdn Bhd, shares similar sentiments.

“The number of buyers (for properties above RM3mil) has dropped by about half with the stricter bank-lending guidelines, which has eliminated the speculative group (of buyers).

“For properties below RM2mil, the market is relatively active with more real transactions. With the new lending guidelines in place, many investors have disappeared from the radar,” Khong says, adding that those who want to purchase their third property now will need 30% in cash for downpayment.

“So, to buy a RM3mil property, they'll need RM1mil in cash if it is their third property. Previously, RM400,000 was enough,” Khong says.

Interestingly, Chua notes that while interest in property purchase has waned, prices are still going strong for landed property.

However, sellers are seen to be less aggressive this year.

“They seem to be less demanding and more willing to accommodate. Last year, they would have said this is my price', and would have refused to budge,” he says.

Property consultants forecast the property market to remain quite slow for the rest of the year.

Khong: ‘The number of buyers (for properties above RM3mil) have dropped by about half.’ >>

Even so, for average middle-income earners such as Michelle, the current prices of properties in various locations within the Klang Valley (refer to chart) leave her with few options.

“I don't even dare look at landed property any more. Even apartments at relatively good locations cost RM400,000 and up.

“For my budget, an apartment around RM200,000 to RM350,000 would still be quite comfortable,” says Michelle, who currently lives with her family in Petaling Jaya.

A mass communications graduate from the United States, Michelle draws a salary of about RM5,000 a month, which goes into paying for her car loan, household expenses, utilities, and credit card bills.

“Household expenditure doesn't just cover grocery shopping. I also have to pay for medical bills, car maintenance and repairs as well as give my parents some money too,” she says.

“As banks are now looking at net income, the loan amount I qualify for is unlikely to be enough for me to even afford an apartment in the Klang Valley.

“Sure, you can still get cheaper houses in places like Bukit Beruntung, but it's just too far away. My life is here. At the rate property prices are going, the thought has crossed my mind that I may never be able to afford a place of my own.”

It's not just within the Klang Valley that property prices have escalated.

Early last month, it was reported that residential property prices in Penang have shot up by more than 25% over the past five years.

Condominium units in Batu Ferringhi, Tanjung Bungah and Gurney Drive, with sea-front views, are being sold at astronomical prices, in some cases beginning with RM2mil for a 1,000 sq ft unit.

Houses which cost about RM500,000 in 2007 now cost RM800,000 an increase of about 30%.

Chang: ‘An entire generation of young adults could be locked out of property investments.’

Raine & Horne Malaysia director Michael Geh was reported as saying that the increase was among the steepest in the Pulau Tikus, Gurney Drive, Tanjung Tokong, and Tanjung Bungah residential neighbourhoods, which experienced a 25% increase in prices of condominium units.

Other areas where prices of condominium units and terrace and semi-detached houses have shot up by at least 25% are Bayan Baru, Sungai Ara, Minden Heights and Batu Maung.

Medium-range housing schemes in George Town neighbourhoods of Perak Road, MacCallum Street, Jelutong Road and Sungai Pinang have also not been spared an apartment located in such a neighbourhood cost RM180,000 in 2007 but is now RM250,000.

It is precisely with this concern in mind that the National House Buyers Association (HBA) has come up with a 10-point proposal to the Government, to find solutions which it claims will hopefully bring prices down.

Among the proposals are for the Government to unlock its land banks in various locations and give priority to affordable housing projects rather than high-end properties.

The HBA is urging the Government to take the lead in developing affordable homes and not leave it to property developers.

It has also proposed that those who buy homes under the affordable housing projects (with a proposed price range of RM150,000 to RM300,000) be barred from selling their property until after 10 years. Before the 10-year period is up, they should only be allowed to sell the house back to the Government.

The association has also proposed that the Government impose a higher stamp duty and real property gains tax as well as tighter mortgage rules for those buying a third and subsequent properties.

HBA secretary-general Chang Kim Loong notes that with the way prices are climbing, the majority of young working adults will not be able to afford to buy a home.

“I'm talking about young people from around the age of 25 to 35 years old, with an average income of about RM3,500 per month.

“The rule of thumb is that a third goes into paying for your home.

“But with RM1,000, many will still not be able to afford it. The consequence of this could be that an entire generation of young adults could be locked out of property investments,” he explains.

A question that needs to be asked, however, is whether HBA's proposal for “affordable housing scheme” by the Government will be able to meet the needs of the urban middle-income earners such as Michelle.

“There are several factors to consider. The location, for example,” Michelle says.

“If the design and quality is decent, then yes, I am willing to consider it. But this doesn't mean we have to settle for bad quality homes, with cheap construction materials.”

BY LISA GOH lisagoh@thestar.com.my

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Malaysian Chinese Forum kicks off with a bang; Chua-Lim showdown!

Soi Lek fires salvos at Guan Eng ahead of debate



 Chua: People the winner in the debate

Chua and Penang chief minister Guan Eng agreed to keep the debate professional and not as a platform to decide who is the winner or loser.

KUALA LUMPUR: The people has emerged as the ultimate winner in the debate between the MCA and DAP here today as it allowed the Malaysian public to evaluate for themselves the policies and stands of the Barisan Nasional and the opposition.

“The winner is the rakyat and not Lim Guan Eng (DAP secretary-general) or Chua Soi Lek,” said MCA president Dr Chua Soi Lek in a joint news conference soon after concluding the debate, which drew a hugh public interest, especially from the Chinese community and was telecast live on Astro, that is on Astro AEC and Awani.

“An engagement like this will allow the rakyat to see the stands of BN and Pakatan,” he said after the hour-long debate titled “Is the two-party system becoming a two-race system?” organised by the Asian Strategy and Leadership Institute (Asli) and MCA’s think-tank, Institute of Strategic Analysis and Policy Research (Insap).

Right from the beginning, Chua and his fellow debater, the Penang chief minister, agreed to keep the debate professional and not as a platform to decide who is the winner or loser.

The debate was conducted in Mandarin and was moderated by Kuala Lumpur and Selangor Chinese Assembly Hall chief executive officer Tan Ah Chai.

On a question whether both parties had answered the questions raised in the debate, Chua said he believed he could have provided better explanation if they were given more time and opportunity.

Meanwhile, Lim said the debate could be a good beginning to become a more matured democratic society, adding that such an event should be more frequently organised.

“I think this is something good and I hope this will not be the first and last. I feel it will open up the mind of our rakyat because issues must be debated rationally,” he said.

Lim said both he and Chua had agreed to meet again for another round of public debate, which would be in Bahasa Malaysia or English, and they would decide later on other details of the debate including topics, time and venue.

Lim added the ultimate debate that the people were awaiting to see would be between Prime Minister Najib Tun Razak and Opposition Leader Anwar Ibrahim.

Bernama

11:42AM Feb 18, 2012

MCA president Dr Chua Soi Lek kicked off the much anticipated ‘Malaysian Chinese At the Political Crossroads’ conference today with an all out verbal assault against Pakatan Rakyat, ahead of his debate against DAP secretary-general Lim Guan Eng.

Hall erupts as MCA, DAP titans face off

4.55PM Feb 18, 2012

Two of the most prominent Chinese politicians go head-to-head in a rare televised debate with MCA president Chua Soi Lek facing off DAP secretary-general Lim Guan Eng.

The debate topic is titled 'Chinese at the crossroads: Is the two-party system becoming a two-race system?'.

Tensions runs high in the packed ballroom at the Berjaya Hotel, Kuala Lumpur with a 600-strong crowd.

About 200 more who failed to secure entry passes are viewing following the debate through a big screen outside the hall (left).

LIVE REPORTS

4.55pm: The ballroom erupts as rival supporters chant stands up to chant the respective names of the debators as they take the stage.

5pm: Moderator Tan Ah Chai, chief executive officer of the Kuala Lumpur-Selangor Chinese Assembly Hall, kicks off the session by explaining the rules.

For the opening speeches, each debator will be allowed to speak for eight minutes.

5.02pm: The duo draw steps up to the moderator's podium to lots enclosed in a envelope, to choose the first speaker. Chua Soi Lek will go first.

5.05pm: After March 8, 2008. DAP has been practising the politics of hatred, says Chua.

He adds DAP has changed and is now teaming up with PAS, which wants to implement a theocratic state. He says DAP cannot stop PAS.

"DAP is just talking big," said Chua, triggering the first major applause from the floor, albiet from the MCA side.

He backs up his argument by stating that Kedah practice gender segregation while PAS is opposing to cinemas in Bangi, Selangor.

5.07pm: DAP likes to tell the Chinese that voting the opposition would improve living standards, pointing to how a DAP candidate can become a chief minister of Penang, says Chua.

Chua says DAP was giving false hopes to the Chinese that such a situation can happen in other states too.

5.10pm: Chua says that in multi-cultural country, Malaysians cannot support PAS because of its Islamic state agenda.

"Who is PAS' biggest ally?" asks Chua, to which the MCA crowd shouts in unison "DAP!".

5.12pm: It's now Lim Guan Eng's turn.

He thanks the organisers for organising the debate but says that what the public wants to see is a debate between PM Najib Razak and Opposition Leader Anwar Ibrahim.

5.14pm: "We in Pakatan Rakyat don't make use of each other. Our concern is how the public makes use of us.

"We aren't against the Malays. We aren't against the Chinese. We are against corruption," says Lim, whipping the Pakatan crowd into a frenzy...

By ISABELLE LAI

KUALA LUMPUR: The Malaysian Chinese at a Political Crossroads forum kicked off with a bang Saturday as MCA president Datuk Seri Dr Chua Soi Lek brought down the house with his fiery opening speech.

Dr Chua appeared to be metaphorically rolling up his sleeves in preparation for his debate with political opponent, Penang Chief Minister Lim Guan Eng in the evening.

"He (Lim) is more interested in issuing countless statements to condemn or challenge others, behaving like a true street fighter. He has forgotten that he has a state to look after," said Dr Chua to tumultous applause.

The forum, jointly-organised by the Asian Strategy and Leadership Institute and MCA think-tank Insap, is being held at Berjaya Times Square here, with the highly-anticipated debate set to begin at 5pm.

Prime Minister Datuk Seri Najib Tun Razak also could not resist referring to the Dr Chua-Lim showdown, saying with a grin that he heard there would be a "boxing match" in the evening.

"He (Chua) is going into the ring. As I can see from his speech, he is very well prepared.

"So we wish him all the very best, and as the boxing term goes, we hope he will punch above his weight," quipped Najib in his speech.

Both DAP and MCA delegates as well as members of the public will comprise the 750-strong audience who will later witness the debate, which will be conducted in Mandarin.

Overseas radio listeners can tune in to The Star's 988FM live broadcast via the station's website. www.988.com.my.

Local listeners should tune in to these frequencies: Kedah, Perlis,Langkawi (FM96.1), Taiping (FM96.1/94.5), Kuantan and Pahang (FM90.4),north Johor and Malacca (FM98.2), Penang (FM94.5), Ipoh (FM99.8), KlangValley (FM98.8), Negri Sembilan (FM93.3) and south Johor and Singapore (FM99.9).

Astro AEC (Channel 301) will also air the debate live, with a repeat telecast at 11pm while live streaming is available via its website www.astro.com.my/bendiquan.

Non-Mandarin speakers can watch the Bahasa Malaysia version on Astro Awani (Channel 501).

The debate will also be aired live on Astro AEC (Channel 301).

Malaysian Two Party System Becoming a Two-Race System?” A question of one or two sarongs!

Malaysian Politics: Chua-Lim Debate Sets New Standard

Malaysian Chinese at a Political Crossroads forum; Chua-Lim Debate, all hype but no climax

Is the Two-Party-Sytem becoming a Two-Race-System? Online spars started ahead of tomorrow Chua-Lim debate! 

Malaysian Chinese at a Political Crossroads forum; Chua-Lim Debate, all hype but no climax

All hype but no climax

Analysis By BARADAN KUPPUSAMY  Feb 20, 2012

Many at the much-touted debate between Datuk Seri Dr Chua Soi Lek and Lim Guan Eng were left disappointed as key issues whether a superior two-party system is on the cards and DAP's justification of its alliance with PAS were not answered. 

DATUK Seri Najib Tun Razak, when opening the Chinese at the Crossroads forum on Saturday morning, had a word of advice for Datuk Seri Dr Chua Soi Lek. Citing boxing terminology, the Prime Minister urged the MCA president “to punch above your weight”, which means that Dr Chua had to do better than expected.

While Dr Chua said after the “bout” that there was no winner or loser in the “ring”, except the people, to the disinterested observer he did indeed win the day with his better presentation skill, delivery and unflustered manner.

Dr Chua upstaged his opponent, Penang Chief Minister and DAP secretary-general Lim Guan Eng, in the hour-long battle.

Lim entered the ring with a formidable reputation as a veteran street fighter, gained from years of lambasting MCA and Barisan Nasional at every ceramah.

Experience, however, carried the day for Dr Chua. That was the verdict of observers including some DAP leaders.

Dr Chua, a survivor of many MCA battles, spoke directly to the larger television audience. He came well-prepared.

He had also the right gestures; not grand-standing, but delivering in a matter-of-fact manner.

Lim came on stage with a public image of a debater, but left with that reputation scarred.

He now wants a second round with Dr Chua, either in Bahasa Malaysia or English, presumably to repair the damage received from the first debate that was held in Mandarin.

While both Lim and Dr Chua are English-educated, moderator Tang Ah Chai was impressed by their use of Chinese proverbs.

The duo's supporters at the Berjaya Times Square hall were equally matched.

On hudud law, Lim slipped away without answering Pakatan Rakyat's socio-economic programme.
Instead, he emphasised how well Penang is today with him at the helm.

He reiterated that Pakatan acted as counter-weight to the Barisan; that if it were to take over the Government, it will deal with inflation, remove tolls and give RM1,000 to some 2.1 million citizens annually.

He said Pakatan would ensure transparency by revealing its representatives' assets, have open tenders and that corruption would not be tolerated.

Dr Chua, on the other hand, stressed that the DAP was merely advancing causes that were dear to PAS, such as the banning of cinemas and alcohol, and making multi-ethnic Malaysia Islamic.

He said DAP did not dare face Umno, but pits the Chinese against each other in all its 48 years of existence, adding that PAS would be the real beneficiary should the Pakatan come to power because it had a bigger membership base.

The audience were partisan to their heroes. And, when question time came, they used the session to embarrass both men.

DAP supporters also shouted down a questioner who raised the issue of PAS demolishing a turtle statue that adorned a roundabout after it came to power in Terengganu in 1995.

Many were left disappointed as the key issues of the day whether a superior two-party system will surface after the general election and how DAP justifies its alliance with PAS and hudud were not answered by either one.

But the fact remains: No matter how DAP justifies PAS (and it failed to do so at the debate), it is a burden to carry along an ally that is religion-based and has its own aims and ideals.

The audience, most of whom will vote at the next general election, has to decide if they want a DAP aligned to an intolerant PAS that has its own narrow-world view and demanding for an Islamic state; or a tried and tested MCA in the reforming Barisan that advocates a secular state.

Guan Eng did not say it

DAP secretary-general Lim Guan Eng says he did not say: “We do not agree the Prime Minister must always be a Malay because we want the people to decide”.

The Star had erroneously attributed the statement to him in a report during his debate with MCA president Datuk Seri Dr Chua Soi Lek and also in a commentary by K. Baradan yesterday.

The error in translation and in the commentary headlined All hype but no climax is regretted. The Star apologises for the error. Tuesday February 21, 2012

A political debate to watch out for

ANALYSIS By JOCELINE TAN joceline@thestar.com.my

A debate between two of the fiercest ‘fighting cocks’ in Chinese politics next week will add to what many hope will be a culture of civil discussion on political and policy issues.



ANYONE remotely interested in Malaysian politics would probably zero in on the political debate between MCA president Datuk Seri Dr Chua Soi Lek and DAP secretary-general Lim Guan Eng next week.

MCA and DAP are long-time nemeses and their leaders take shots at each other almost daily, but this will be the first time that the respective top guns of the two parties are taking on each other in a debate format.

Add to this the heightened political climate and the prospect of a general election being called this year and the stage is set for an event that will attract the attention of the Chinese, if not the Malaysian audience.

On top of that, these are two of the fiercest “fighting cocks” in Chinese politics today even though they were trained in rather sedate professions – Dr Chua is a medical doctor and Lim a chartered accountant. Lim is famous for his street-fighter style of politics, who hits out even before anyone tries to hit him.

Dr Chua is an Alpha male and arguably the most aggressive president that MCA has ever elected. He has been described as a wartime president for his ability to take charge in a time of crisis.

Another interesting aspect of the debate is that Dr Chua is coming in as the perceived underdog even though he is from the ruling coalition. He does not hold a government post and he did not contest the last general election.

Lim on the other hand is coming in from a position of strength as Chief Minister of Penang. He is also Bagan MP and Air Putih assemblyman, one of a handful of privileged DAP leaders who contested dual seats in 2008. His party has never been this strong and it is the most powerful component in Pakatan Rakyat.

The topic has yet to be confirmed but it will revolve around the future of the Chinese in the context of the 13th general election. The Chinese are now the most highly politicised community in the country and some are touting the forthcoming debate as a battle for the hearts and minds of the Chinese.

It is probably not that grandiose but it will be a platform for the two men to showcase where they stand on key issues affecting the Chinese. It will provide their audience a chance to assess their thinking and ability to argue under the glare of the spotlight. Of course it is also about scoring political points because the Chinese always look up to a leader who can hit out and also take the heat.

But, generally speaking, this sort of political debates should be a welcome development in Malaysian politics where politicians are given the chance for their personality to come through and more important, to demonstrate the depth of their intellect and knowledge.

Political debates are part of the democratic process and they are a sign of a maturing democracy.

In the United States, the debates by Republican and Democrat candidates fighting for their parties’ presidential nomination have a worldwide following. The debates provide a glimpse of the personality and thinking of the persons vying to be president.

It is surprising that there have not been more of such political debates in Malaysia because previous events have been quite encouraging and generated a great deal of interest. They were definitely a world apart from some of the wild and outrageous stuff one hears at political ceramah.

The most recent debate between two Chinese politicians – Lim and Gerakan president Tan Sri Dr Koh Tsu Koon – was in August 2008. It was touted as “Chief Minister versus ex-Chief Minister” and the topic concerned a land controversy in Penang.

Another Chinese debate that took place in the 1990s was between the then Youth chiefs of MCA and DAP, namely Datuk Seri Ong Tee Keat and Lim, on the rather plebian topic of “Who is the political parasite?” Those who followed it said it was highly entertaining even though it was lacking in constructive purpose or value.

One of the most watched debates was the one between PKR de facto leader Datuk Seri Anwar Ibrahim and then Information Minister Datuk Ahmad Shabery Cheek in 2008 where they argued about the rising price of oil and the opposition’s boast that if they came to power, they would reduce the oil price the next day.

It was quite brave of Shabery to take on Anwar given his reputation as an orator but both men actually did well with Anwar having the edge.

The 1980s was a period where PAS and Umno were constantly challenging each other to debate on whose party was more Islamic; it was the era of kafir-mengkafir, where each accused the other of being infidels. Umno was under a great deal of pressure from PAS for being in a coalition with non-Islamic parties. The big irony now is that PAS is doing the very same thing with DAP and PKR.

But around that time, Anwar, who had just joined Umno, had taken on PAS’ Datuk Hadi Awang on the subject at a debate hosted by the Malaysian Islamic Study Group in the University of Illinois, United States. It was a hot topic here even though it was happening far from home.
The most talked about debate in recent weeks is of course the one between Umno Youth leader Khairy Jamaluddin and PKR strategy chief Rafizi Ramli last month in the United Kingdom. The two Generation X politicians spoke quite impressively and in a very civil manner on whether Malaysia was moving in the right direction towards Vision 2020. The video on YouTube had about 64,000 views.

Khairy had also taken on PAS vice-president Datuk Husam Musa in Kota Baru in 2008. Khairy proved he was a “jantan (manly) politician” in taking on Husam in the PAS state and won admirers from both sides of the fence.

The Chua-Lim debate has the promise of being something quite different given the personalities of the two men and the fact that it is taking place at a critical intersection of Malaysian politics.

No change in debate topic   
Asli: Misunderstanding led to confusion 
By WONG PEK MEI   pekmei@thestar.com.my,  Monday February 13, 2012
 
PETALING JAYA: Asian Strategy and Leadership Institute (Asli) has stressed that there's no change in the topic of the Feb 18 debate between Datuk Seri Dr Chua Soi Lek and Lim Guan Eng.

Asli director and chief executive officer Datuk Michael Yeoh said they had never changed the topic “Is a two-party system becoming a race system” to “Future of the Malaysian Chinese”, as claimed by some.

“I think there might have been a misunderstanding. Both sides had already agreed on this topic,” he said, in response to Lim's claim that the title of the debate had been changed without his knowledge.

Yeoh said the “The Chinese at a Political Crossroads in the Next General Election” forum would be from 9am to 6pm while the much-anticipated debate between the MCA president and DAP secretary-general would be held from 5pm to 6pm.

The forum, to be conducted in Mandarin and English, at Berjaya Times Square next Saturday, is open to the public and entrance is free.

Yeoh said those interested in attending must call 03- 209305393 (Janet) to register.

Other than the debate, other topics to be discussed are the changing political landscape, the struggle of vernacular education, the social and cultural landscape in the country and the new Chinese dilemma.

Meanwhile, Astro Chinese Language Business head Choo Chi Han said the debate would be aired live from 5pm to 6pm on Astro AEC channel (301) but the channel would begin to broadcast at 4.30pm with a pre-panel discussion.

“The discussion will be moderated by AEC host Siow Hui Min while the guests appearance list is yet to be confirmed,” he said, adding that the discussion would be in Chinese.

The entire programme will be repeated at 11pm the same day after the channel's Evening Edition News.
Astro Awani (Channel 501) will also broadcast the debate, translated to Bahasa Malaysia, live. Details will be confirmed later.

Chinese voters will be more politically aware in next election, says Asli director  

By NG CHENG YEE chengyee@thestar.com.my,  Sunday February 12, 2012

PETALING JAYA: “The Chinese at a Political Crossroads in the Next General Election” forum is expected to raise political awareness and keep voters informed about their options in the next general election.

Asian Strategy and Leadership Institute (Asli) director and chief executive officer Datuk Michael Yeoh said the forum, organised by Asli and MCA think-tank Insap, would allow for intellectual discussions on the future of the Chinese community and the directions they could take in the next general election.

“We hope the forum will help people to make a more informed choice when they vote,” he said.

He said among the topics that would be discussed were the changing political landscape, the struggle of vernacular education, the social and cultural landscape in the country, the new Chinese dilemma and the much-anticipated debate between MCA president Datuk Seri Dr Chua Soi Lek and DAP secretary-general Lim Guan Eng.

Acknowledging that the interest in the forum had shot up due to the debate, Yeoh said it might involve heated arguments but he believed the speakers would do it rationally.

He said Kuala Lumpur and Selangor Chinese Assembly Hall chief executive officer Tan Ah Chai had been selected as the moderator of the debate.

On why the organiser shot down the proposal by Lim to have former MCA president Datuk Seri Ong Tee Keat as the moderator, Yeoh said: “We wanted someone who does not have a political background.”

The forum will also involve speakers from both sides of the divide, including MCA deputy president Datuk Seri Liow Tiong Lai, SUPP president Datuk Seri Peter Chin, Gerakan president Tan Sri Dr Koh Tsu Koon, DAP deputy chairman Dr Tan Seng Giaw, Liberal Democratic Party president Datuk Liew Vui Keong and DAP strategist and international bureau secretary Liew Chin Tong.

Others include MCA Youth chief Datuk Dr Wee Ka Siong, MCA young professional bureau chief Datuk Chua Tee Yong, DAP deputy secretary-general Chong Eng, Gerakan secretary-general Teng Chang Yeow, DAP MP Teo Nie Ching and SUPP treasurer Datuk David Teng Lung Chi.

Prime Minister Datuk Seri Najib Tun Razak will deliver the keynote address on “Succeeding with Political Transformation”.

The forum, to be conducted in Mandarin and English, will be held at Berjaya Times Square next Satur-day.

It is open to the public and entrance is free.

 Guan Eng: I agreed to a different debate topic

 Sunday February 12, 2012

BUTTERWORTH: DAP secretary-general Lim Guan Eng claims that the title for the Feb 18 debate with MCA president Datuk Seri Dr Chua Soi Lek has been changed without his knowledge.

The Penang Chief Minister, who declared on Friday that he would take on Dr Chua, said he did not know that the topic had been changed to the “Future of the Malaysian Chinese”, as claimed by some.

“It is not acceptable to talk about the Chinese community only, as DAP is for all Malaysians,” he said after meeting Village Safety and Develop­ment Committee (JKKK) members at the Dewan Besar Sungai Dua here yesterday.

The debate is to be held during the “The Chinese at a Political Crossroads in the Next General Election” forum organised by Asli and MCA think-tank Insap at Berjaya Times Square in Kuala Lumpur on Feb 18.

The debate will be aired over Astro AEC.

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