By Rosli Mansor Ahmad Razali
The country’s real estate market is expected to continue to face pressure, especially the issue of ownership and existing real estate market materials.
Menteri Besar, Dato’ Seri Saarani Mohamad said the pressure was compounded by the issue of home ownership, unsold houses and dumping of properties on the market.
“The Perak State Government has implemented the Prosperous Perak 2030 plan which is supported by the vision of Prosperous Perak, Prosperous People.
“Prosperous Perak 2030 outlines five strategic cores to determine the development and direction of the administration to be more sustainable.
“The development of the Piccadilly Project@Greentown (PP@G) is seen to be able to fuel the objectives of the Prosperous Perak 2030 plan with systematic and sustainable residential and commercial planning.
“It also helps in the formation of a prosperous and livable community in line with the State Government’s commitment to take a holistic approach in supporting the real estate sector,” he said in his speech in conjunction with the inauguration and launch of the Piccadilly Project@Greentown here today.
Also attending, Duli Yang Amat Mulia Raja DiHilir Perak Darul Ridzuan, Raja Iskandar Dzurkarnain Ibni Almarhum Sultan Idris A’fifullah Shah.
PP@G is a proactive measure focusing on the construction of suitable and more sustainable infrastructure in the city of Ipoh, which is capable of stimulating the economy and stimulating business activities.
Saarani added that the planned development is able to revive a city while boosting economic activities, especially the food and beverage (F&B) industry.
“We admit that municipal issues are becoming increasingly challenging these days. However, with sustainable development initiatives by the private sector and the State Government, we can handle these municipal issues.
“This collaboration provides mutual benefits from the point of view of economic and business growth. It also meets the needs of the people in terms of job opportunities in addition to being a catalyst for attracting local and foreign investment,” he said.
