Malaysiakini NEWS

PSM: Penang's new housing measures benefit developers, not housebuyers

Susan Loone

Published:  |  Modified:

The new measures announced by the Penang government to overcome the issue of overhang in the state's housing sector appear to benefit developers rather than people who need homes, said a Parti Sosialis Malaysia (PSM) leader.

PSM central committee member Choo Chon Kai said Penang state executive councillor Jagdeep Singh Deo had failed to understand that the root problem was the price of “so-called” affordable housing...

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