Penang unveiling innovative housing packages in stages

(From right) Jagdeep Singh and Ong going through the details of the Penang Property Summit 2016 to be held from Jan 8 to Jan 10.

A STRING of innovative housing packages to counter the high rate of bank loan rejections will be introduced in Penang soon.

State Housing, Town and Country Planning Committee chairman Jagdeep Singh said details of the packages, which would be introduced in stages, would help to cushion the loan rejections of most housebuyers.