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Sev­en­ty-two hours af­ter Prime Min­is­ter Kam­la Per­sad-Bisses­sar en­dorsed a new five per cent Hous­ing De­vel­op­ment Cor­po­ra­tion (HDC) trans­fer fee and 10 per cent prop­er­ty pur­chase, the pol­i­cy now ap­pears to be on hold.

Af­ter pub­lic con­dem­na­tion over the pro­posed fee hikes, Hous­ing Min­is­ter David Lee, who ini­tial­ly was un­aware of the new pol­i­cy, said yes­ter­day the pol­i­cy is now “un­der dis­cus­sion.”

And Min­is­ter in the Min­istry of Hous­ing, Phillip Alexan­der, has con­firmed the orig­i­nal $700 trans­fer fee re­mains un­til talks with the board on the new pol­i­cy are com­plet­ed.