Home > News > Nation
Sunday July 6, 2014 MYT 12:00:00 AM
Sunday July 6, 2014 MYT 7:50:53 AM
MALACCA: The Malacca government has eased its ruling on bumiputra housing lots, allowing developers to dispose of unsold units to non-bumiputras under a new policy to encourage property sales.
Chief Minister Datuk Seri Idris Haron did not specify the time frame that a unit would have to remain unsold, before it could be opened up for other buyers.
He said developers must designate a number of units as bumiputra lots in other areas to “replace” those units that had been sold to non-bumiputras. The policy, he said, came into effect on Thursday and that some 100 units of bumiputra lots in Paya Rumput would be offered to non-bumiputras.
The Malacca chapter of the Real Estate and Housing Developers’ Association has been lobbying to find a mechanism for releasing unsold bumiputra units.
Idris also said that the state government had set aside a land bank of 3.32ha in Batu Berendam to be developed by SPNB as Malacca Vision Homes with designs approved by the state government, priced at less than RM150,000 and with a build-up area of a minimum 923sq m.
Tags / Keywords:
Property, Idris Haron
No send-offs at airport
Malacca civil servants to undergo security screening for IS involvement
All Puteri Umno members can be 'Dyana Sofyas', says Idris Haron
Malacca gives TNB green light to depower illegal cybercafes
Malacca put "enforcers" at Oktoberfest to stop Muslims from drinking
Show of support as Taman Medan church holds service
Patients can’t get enough of antibiotics
Photo Gallery: Nepal quake
There is an intense ‘implosion’ taking place in Umno, says Musa Hitam
Next stop – Sensational Singapore
How Malaysians abroad are bridging a skills gap
Malaysia needs 1,500 data scientists by 2020
The animals of southern Africa and the creature called the Victoria Falls
No more uncorking, wine is now on tap
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)