Nation

Housing prices to drop by 10%

By N. TRISHA
Help for house buyers: (From left) Lim with Rehda’s Toh, Tan Hun Beng and Datuk Jerry Chan sharing a light moment after the press conference at Setia SPICE Convention Centre, Penang.

GEORGE TOWN: Housing prices in Penang are set to drop by at least 10% with the implementation of the Sales and Service Tax (SST).

Real Estate and Housing Develo­pers’ Association Penang (Rehda) hopes to bring down the overall housing prices by 10% for those costing above RM300,000 and 6% for affordable housing.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Politics , lim guan eng , rehda , penang , property , najib , sst , gst

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