Property market must shift towards low-cost housing: Construction Ministry

Property market must shift towards low-cost housing: Construction Ministry

The Ministry of Construction has proposed reforming administrative procedures to create favourable conditions for the development of low-cost, compact social and commercial housing.
Property developers move with the times

Property developers move with the times

Numerous real estate developers facing the perilous economy are proposing to convert on-going projects from market-rate commercial housing to subsidised social housing.