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Day: September 5, 2019

Developers turn state’s low cost housing policy into a charade

CAP fully supports the Penang state government's 30% compliance clause imposed on housing developers. Under this clause, 30% of the housing units built by developers have to be of the low-cost (RM42,000) and low medium cost (RM72,500) types. However, the state leaves it to the developers to do the sales of these units and it keeps a blind eye to the fact that developers are not selling the units...
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