She said the number of unsold bumiputra lots in each state numbered in the hundreds, or thousands, and the problem requires a swift solution.

At least ten people were confirmed killed while another ten are missing at an Islamic boarding school that was buried by the landslides, the head of North Sumatra disaster agency Riadil Lubis said. 

Supply is correcting, towards the demand. The recent half-yearly survey by the Real Estate and Housing Developers' Association (Rehda) shows the proportion of new launches priced below RM500,000 is increasing. 

"To me, my aim is to participate in the free market here, not indulge in bureaucratic corruption we have seen in the past that has been detrimental to the country's economy. I am saying that should Malaysia decide on CPCG as a partner, I do not ask for benefits. My conscience is clear. I am clean, in the sense that I have never budgeted for corruption in my projects. That is how I keep my costs low," Yan Jiehe says. 

Among the highlights at the event was the making of the Tan Hua, of which Eunice had to hand make 26 flowers in different stages of bloom for the movie. She said that it took four hours to make one.

The Canvas is part of the Impiria Residensi mixed development that also offers retail shops, residences and the hotel component. Developed by WCT Holdings Bhd, it was completed in July this year.

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"I am optimistic of the property market because of the policies and with all the efforts [by] different parties, the market will improve and the rakyat will benefit [and can] own a home. Things will get better for all of us, hopefully," said Zuraida after the launch of the Malaysia Property Expo (Mapex) organised by the Real Estate Housing Developers Association (Rehda) here today.

Johor leads with 5,988 overhang units followed by Selangor (4,694 units) and Penang (3,958 units).