How do we curb mounting speculation in the property market? Can the Penang state government do anything to stop any over-heating? Yesterday, a reader of this blog who goes by the handle of ‘Sam9W2CFS‘ tweeted to me several links to articles on how other countries are handling their own over-heating property markets.

Initial news reports for the Penang Hill Railway ‘upgrade’ had mentioned an allocation of RM40m. But later news reports put the cost at RM63m and finally RM73m for what is now a totally new system. “It’s actually not an upgrade but a totally new system,” said a source

Penang Chief Minister Lim Guan Eng today asked Penang Gerakan to prove that the RM84 million Seberang Perai Municipal Council (MPSP) headquarters in Bandar PERDA was mooted by the then deputy prime minister Datuk Seri Anwar Ibrahim.

PENANG, Nov 29 (Bernama) — Penang Chief Minister Lim Guan Eng today asked Penang Gerakan to prove that the building of the RM84 million Seberang Perai Municipal Council (MPSP) headquarters in Bandar PERDA was mooted by the then deputy prime minister Datuk Seri Anwar Ibrahim. “Please show proof that Anwar directed them to built the MPSP building in PERDA, not Ampang Jajar,” …