Three-Minute Digest

Magnate allays fears over Iskandar building glut

CONCERNS about a looming housing glut and slipping asset values in Malaysia's Iskandar development region may be overdone - if one believes what the boss of Iskandar Waterfront Holdings, the master developer of Danga Bay where many Chinese developers have homed in, has to say.

COE quotas to fall 6% from August