Housing prices to drop by 10%


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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Politics , lim guan eng , rehda , penang , property , najib , sst , gst

Next In Nation

Dismissal of Najib's house arrest bid dilutes the King's powers, says Shafee
Najib to appeal dismissal of house arrest bid
Early morning blaze destroys 54 old bazaar units in Kampar
Asean foreign ministers arrive in KL for special meeting on Thailand-Cambodia situation
The gift that keeps on driving
Let SEA Games feat inspire nation for future events, says Anwar
No house arrest for Najib (Live Blog)
No discussion of house arrest order at Pardons Board meeting, says judge
Yeoh stresses commitment to good governance in administration of FTs
Floods: Situation in Pahang improves as number of evacuees drops to 580

Others Also Read