GEORGE TOWN: Property value in Penang is expected to appreciate as the Penang Transportation Master Plan can now be executed with ease to benefit the sector. And the improvement in infrastructure will see the value of Penang properties appreciating,” Toh said. “This will help reduce the construction costs of private developers so that units can be priced competitively,” Toh said. He added that the Government should consider bringing back the developers’ interest bearing scheme to help first-time house buyers own a house. “We also hope the Government will expedite the LRT project for Penang to stimulate the construction industry.”

Source: The Star May 13, 2018 21:45 UTC