Penang’s new housing rules to take effect from Feb 1


GEORGE TOWN: In a bid to curb soaring home prices, Penang will implement new housing rules from Feb 1 next year that seeks to keep housing affordable.

Penang Chief Minister Lim Guan Eng said active discussions are continuing with the Bar Council, banks, and property developers both in and outside Penang.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Penang , Housing rules , Feb 1

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