Penang looks into reducing property prices to stimulate industry

CORONAVIRUS | The Penang Housing Department will look into reducing the price of houses and apartments as a "win-win" situation to help both buyers and developers overcome the effects of Covid-19 pandemic.

State executive councillor on housing Jagdeep Singh Deo said it is undeniable that developers too are badly affected by the movement control order which has now been extended to May 12...

Uhuh..one of the keystone of economy tumbling down is the decline of fix asset's price value (house/building)

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