Government positive on oversupply of homes


New project: Khaled (right) and State Tourism Trade and Consumerism committee chairman Datuk Tee Siew Kiong (left) watering a tree during the ceremony, while State Housing and Local Government exco Datuk Abdul Latif Bandi (second from left) and MB Group director Amir Shariffuddin Abd Raub (second from right) look on.

PONTIAN: Although there is a possible oversupply of service apartments in Iskandar Malaysia, the state government is still optimistic about the property market especially demands for certain segments of property including affordable homes for locals.

Johor Mentri Besar Datuk Khaled Mohamed said besides that, the location of the property, price and type also played a role.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read