Daily Briefing: Chinese buyers solve Iskandar’s housing glut; Quantum GST voucher increased

And new development projects coming up in Potong Pasir.

The large number of residential properties in Iskandar Malaysia can be absorbed by the market claim Chinese developers, as they bring with them fresh demand from Chinas growing middle class. View more here.

To help lower-income households with costs of living, the quantum of GST Voucher (GSTV) Cash will be increased by $50 from 2015 onwards, Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam said in the Budget 2015 statement yesterday. View more here.

There will be new development projects to improve the living environment for Potong Pasir residents, the Ministry of National Development (MND) said in a written answer to a query in Parliament yesterday. View more here.