KL to set up website on home sales

HOME buyers will be given quicker access to project sales data under a Web exchange to be established by the housing ministry by early April, according to its minister, Abdul Rahman Dahlan. The initial information, however, is likely to be limited to the number of units sold in an ongoing development.

"The ministry has all the information from the developers and I am sharing this information," the minister said, to enable purchasers to know at a glance which properties are still available and at what price range.

Mr Abdul Rahman also spoke about introducing new rules to curb bulk purchasing which had contributed to significant price increases in recent years.