MB: Rapid real estate growth in Perak

Posted on | July 23, 2012

By THE STAR

IPOH: The real estate sector in Perak is undergoing rapid development especially in Parit Buntar and Bagan Serai as demand for housing was mounting, says Mentri Besar Datuk Seri Dr Zambry Abdul Kadir.

“I would like to inform that land application in Parit Buntar has been exhausted, which means there is no more government land left for development following the high-level of development taking place,” he said, adding that the state government would ensure there was enough demand in every development to avoid any over-supply situation.

“Ipoh is not about old abandoned buildings. We have many new projects,” he said after officiating at the topping up ceremony for a RM270mil luxurious condominium project in Tambun.

- Malaysia Property News

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