New housing policies to help Penangites cope
By Stuart Macdonald
February 2014 FEATURE
The Penang state government addresses housing affordability with a range of policy interventions. What can we expect as a result and what else can be done?The Penang state government has introduced a range of housing policy interventions which came into force on February 1, 2014. These are intended to protect existing and emerging affordable housing stock from the wider housing market, curb speculation and help low income households into ownership. This article summarises these new policies and their expected outcomes,...
Stuart Macdonald
is a fellow and head of Urban Studies at Penang Institute.
