Can a LRT system last ‘forever’? No, says Penang Forum

GEORGE TOWN (Oct 3): In a debate on the durability of a Light Rail Transit (LRT) (pictured) system, Penang Transport Master Plan (PTMP) project manager Szeto Wai Loong was reported saying that “such a system was likely to last forever, requiring only minimal maintenance such as software upgrades in the long run compared with trams and bus-tram hybrids”.

READ MORE

Do not let developers take control, deputy minister tells councils

KUALA LUMPUR (October 3): Property developers are behaving more and more like local councils, Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah said, noting that this has given rise to the current form of townships that are not centralised and are dominated and led by private developers.

READ MORE

Home prices can come down if certain issues addressed, say developers

SERI KEMBANGAN (Oct 2): While the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.

READ MORE

UEM Sunrise to study SST waivers impact on property prices

KUALA LUMPUR (Oct 2): UEM Sunrise Bhd is studying if it is even possible to reduce property prices thanks to exemptions on certain construction materials and services from the Sales and Service Tax (SST) on property prices as any savings may be offset by the rise of other construction costs.

READ MORE