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Shuttered shoplots - The property market is slowing down

Excellent piece by MBPP councillor Lim Mah Hui:

The proposal by the Urban Well-being, Housing and Local Government Minister, Noh Omar, to permit developers to be money lenders is fraught with risks.

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Another tourist attraction? A panoramic view of KL from a height while walking precariously on the maintenance platform alongside elevated LRT tracks.

Two incidents in the space of a few days have shaken public confidence in the KL elevated LRT system.

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While much attention has focused on BUCG’s removal from Consortium Zenith BUCG Sdn Bhd, perhaps it is time to take another look at how another state-owned firm from China, China Railway Construction Corporation Ltd (CRCC), ended up as the main contractor for Zenith in the tunnel, highways and property development project.

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Interesting to see the Penang state government asking BUCG of China to take responsibility for an accident in KL last month or withdraw from the Penang tunnel, three highways and property development projects.

A crane operated by the firm fell and crushed a woman to death in the incident in KL. The Penang state government has since consented to the removal of BUCG from the project.

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Fisherfolk have once again expressed their unhappiness over the land reclamation in Penang.

There is a moral issue to consider here. The sea belongs to all of us: it is part of ‘the commons’. The commons is “the cultural and natural resources accessible to all members of a society, including natural materials such as air, water, and a habitable earth. These resources are held in common, not owned privately”.

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