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Housing problems: ‘Affordable’ but beyond reach

GEORGE TOWN: What passes for affordable housing in Malaysia is “not affordable”, said Bank Negara Malaysia (BNM) governor Datuk Muhammad Ibrahim.

Property market expected to remain flat in next 6-9 months

KUALA LUMPUR: The property market is expected to stay flat in the next six to nine months as demand and new launches remain subdued, given the current economic uncertainty.

Not affordable housing

MY First Home Scheme basically provides housing to income earners of less than RM3,000 a month to own houses of value up to RM220,000 when initially launched.

CPO: Cramped living conditions breed crime

GEORGE TOWN: The lack of affordable and low-cost housing in the state is one of the causes of crime in the state, said Penang police chief Datuk Wira Deputy Comm Ayub Yaakob.