Penang mulls restoring rent control for pre-war houses


  • Nation
  • Tuesday, 05 Jul 2016

GEORGE TOWN: The state government is looking at re-introducing the repealed Rent Control Act to prevent the inflation of property rentals in the George Town heritage site.

Chief Minister Lim Guan Eng said the move would stop gentrification that was driving the locals and living heritage away from pre-war houses in the core and buffer zones of heritage site.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Floods: Penang braces for cuts as Sg Muda water turns muddy again
Bornean states are potential rice bowls for nation, says Mat Sabu
Anwar leaves Istana after audience with King
Ministers' political aides to jointly call for Radzi's suspension
They heard us: Dr Wee hails netizens' efforts after banks put off DuitNow QR fees
Anwar arrives at Istana Negara
SAR op for missing Indian tourist resumes
Budget 2024: Seeking Climate Action-focused Support
Floods: Number of evacuees rises in Kedah
Supporting the ESG Agenda for SMEs

Others Also Read