Penang has come up with several new housing rules aimed at cooling down the property bubble.
Amidst disquiet about the high property prices in the state, the Penang government has announced that eight projects, which will provide 19425 new homes in the state, are in the pipeline.
Taxes on the disposal of property within five years must be raised if we are going to have any hope of curbing speculation.
Gurney Drive, a major landmark in Penang, will be significantly changed with the Seri Tanjung Pinang Phase 2 project undertaken by E & O.
Blog visitor Danny Kua shares with us an anecdote about the higher cost of living and how it could affect the lower income group.