07 June 2015

Win-win situation for developers in Negri Sembilan

  07 June 2015
SEREMBAN: Developers in Negri Sembilan will not be forced to build low-cost houses in their schemes from now on.

Pic: kinibiz

Under a new state housing policy announced by Mentri Besar Datuk Seri Mohamad Hasan, 15% of new houses constructed in the state should cost less than RM80,000.

Each house must have three rooms and two bathrooms, and measure at least 112sq m, with half of the houses reserved for bumiputras.

Mohamad said bumiputras who bought these units would not be given discounts.

“We are colour blind when it comes to poverty. These RM80,000 units will be open to everyone,” he said, adding that low-cost houses would be built by government agencies.

Mohamad said another 15% of the new houses should cost less than RM250,000, while another 20% should cost less than RM400,000.

“Since developers have agreed to comply with our request that 50% of all units they build come under the affordable homes category, the remaining 50% can be high-end units,” he said.

He added that bumiputras would be eligible for a discount of between 5% and 10% for all houses costing more than RM80,000.

He also said the bumiputra quota for houses in new schemes would be increased from 30% to 50%.

“This is taking into account that bumputras comprise almost 70% of the state population,” he said, adding that the state authorities would be flexible if developers could not dispose these units. - The Star

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