GEORGE TOWN (Nov 20): The Penang government has set up a new Urban Regeneration Committee to look into the redevelopment and upgrading of old housing schemes, says state housing exco Jagdeep Singh Deo (DAP-Datuk Keramat). Jagdeep told the state legislative assembly sitting yesterday that the new committee, chaired by him, would look into planning and implementing…
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The Penang Real Estate and Housing Developers Association (REHDA) does not expect home prices to drop, instead developers will construct smaller homes, reported Bernama. This comes as developers had to bear the increased cost for development projects, said its chairman, Datuk Jerry Chan. “Today, we have to deal with all these contributions, so who will…
Read MoreGEORGE TOWN : The Penang Chinese Chamber of Commerce (PCCC) says it is willing to build the proposed new category of affordable housing units if the state government gives sufficient incentives. Datuk Finn Choong Khuat Seng, convenor of the chamber’s Property Development Construction and Management Committee (PDCMC), said the committee lauds the recent revision by the…
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