182 Abandoned Private Housing Projects Have Rebounded

The latest announcement from Dewan Rakyat that the government has rebounded a total of 182 private housing development projects which have been abandoned since 2009. “The complete projects involved 32,641 home-buyers”, said by Datuk Halimah Mohamed Sadique, Deputy Minister of Housing and Local Government. “There are 226 abandoned housing projects which affect a sum of 40,866 house-buyers” she … Read more

Penang To See RM2.72 Billion Worth Of Condos

Ideal Property Development plans to unveil RM2.72 billion worth of condominium developments in Penang Island this year. These include the RM378 million Summerskye Residences in Bayan Lepas that was launched January, said Datuk Alex Ooi, Executive Chairman of Ideal Property. For the upcoming projects, they consist 3,648 units that will be released from May to … Read more