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)

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Penang formulating strategy to manage crisis ravaging hotel industry | New Straits TimesNSTnation The Penang government is working out a strategy to help the hotel industry which has been battered by the Covid19 pandemic. MCO StayAtHome DudukRumah Cheap weekend stays!
Source: NST_Online - 🏆 17. / 53 Read more »