State housing executive councillor Jagdeep Singh Deo said the cheaper the house, the higher the rejection rate for buyers seeking bank loans to purchase the unit.
The federal government's Projek Rumah 1Malaysia (1Malaysia Housing Project) or PR1MA in Penang may see the take over of projects by other developers, Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said today.
Chief Minister Incorporated (CMI) signed a Management Collaboration Agreement with the Aga Khan Trust for Culture (AKTC) and Think City Sdn Bhd today in Chantilly, France.
Najib said the future developments of Kampung Baru would benefit the Malays with poor living standards, such as those living in squatter homes and underdeveloped areas.
After the successful trial run in Section 11, Bukit Gasing assemblyman Rajiv Rishyakaran bought two more machines to be placed in Petaling Jaya parks and dengue hotspots.
According to the Ampang Park Shopping Centre website, the mall was the brainchild of the Low brothers following their successful development of People’s Park, the first shopping centre in Singapore.
Main obstacle stopping first-time home buyers from getting a unit was the high loan rejection rate of commercial banks.
Penang Deputy Chief Minister I Datuk Mohd Rashid Hasnon said Penang was already developing a cycleway around the island, but ‘I want to see more such projects around housing developments in the state’.
Notices have been issued to those who fail to do so in the first three months of the Act coming into force. Stiffer punishment will follow if offenders still refuse to comply, starting with a RM1,000 compound imposed from January 2016, if a household fails to separate waste accordingly.