Developers to enjoy 50% discount by DBKL

1 DBKL hopes the discount will serve as an incentive to encourage developers to continue building Kuala Lumpur despite the slow economy.2 The 50 discount has so far been given to one mixed-development project in Bukit Jalil. —filepics

PROPERTY developers are rejoicing as Kuala Lumpur City Hall (DBKL) has announced a 50% discount on development charges for high-density projects starting this month.

DBKL Urban Planning Department director Sharom Ujang said the discount served as an incentive to encourage developers to continue building the city despite the slow economy.