The first phase is slated to complete by end-2020.

"There are more tunnels and elevation in the ECRL as compared to other rail lines, due to land structure challenges."

Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed.

Tan Sri Noh Omar: We have spent billions in affordable housing projects and we will not cut the budget allocation for this segment.

There must be a collaboration between the public and private sector to drive IBS usage, said ASLI chairman Tan Sri Dr Jeffrey Cheah.

“There is also a need for structure or local plans for clarity of planning and land use.”

The upcoming 350km high speed rail is a mammoth development project, which will cut the travelling time between Kuala Lumpur and Singapore to 90 minutes.

Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.

To help investigations into low-cost housing scam involving RM6.2 million

MRCB said its renounceable rights issue involved up to 2.85 billion new MRCB shares at 79 sen each together with up to 570.76 million free detachable warrants.