Work with state, developers urged


Towering presence: Eco World Development Sdn Bhd chief operating officer Datuk S. Rajoo (front, in white) explaining the selling points of a project to (from right) The Star’s Yeoh and Liong at The Star Property Fair 2015.

THE state government wants to work with property developers to cushion the impact of skyrocketing property prices and the slowdown in the property market.

Penang Deputy Chief Minister I Datuk Mohd Rashid Hasnon said as one of the most economically important Malaysian state, Penang was experiencing growth, which had impacted on the demand for medium-cost and luxury housing.

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