Sarawak will fine-tune its own financial model to enable the middle-income group to buy their own house in the state.
The RM368 million Kangar City Centre (KCC) project, which is scheduled to begin construction in the next three to five months, will become a new landmark for the state capital, said Perlis Menteri Besar Datuk Seri Azlan Man.
Penang-based property developer M Summit Group is set to launch next month two new mixed-development projects, with a combined gross development value (GDV) of RM85 million.
"I know people are excited about it," Prime Minister Datuk Seri Najib Tun Razak said, adding the project would "open a new landscape in terms of bilateral relations".
Land belonging to the people of Penang is being sold without profiting the people, as seen from the rampant sale of land by the DAP-led Penang state government.
The development of Lembah Beriah, Alor Pongsu, about 100km from here, will replicate the Cyberjaya model, MK Land Holdings Bhd said.