Improvement Service Fund imposed on developers to balance development in Petaling Jaya

By EDWARD RAJENDRA

Community
Monday, 27 Jan 2014
12:00 AM MYT

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DEVELOPERS involved in the construction of houses as well as commercial and infrastructure development in Petaling Jaya have to contribute a fee to offset the impact the new development has on the area.

Mayor Datin Paduka Alinah Ahmad said the money was channelled to an Improvement Service Fund (ISF) to enable the Petaling Jaya City Council (MBPJ) to improve basic amenities such as roads.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWGB	0.135	0.140	0.110	0.115	-0.020	-14.81	2,133,979
HSI-CWEY	0.165	0.180	0.140	0.145	-0.040	-21.62	1,958,843
HSI-CWGA	0.070	0.070	0.050	0.050	-0.020	-28.57	1,675,003
HSI-PWFZ	0.200	0.235	0.200	0.230	0.030	15.00	1,553,120
MYEG-C9B	0.080	0.080	0.075	0.075	-0.005	-6.25	821,751
PUC	0.025	0.030	0.020	0.020	-0.010	-33.33	759,108
MYEG-C7U	0.040	0.040	0.035	0.035	-0.015	-30.00	710,600
HSI-CWC6	0.065	0.075	0.040	0.050	-0.030	-37.50	556,663
TANCO	0.980	0.985	0.950	0.955	-0.025	-2.55	492,660
HSI-PWHC	0.185	0.215	0.175	0.205	0.025	13.89	437,679
MYEG	0.930	0.935	0.905	0.905	-0.025	-2.69	345,439
HSI-CWEZ	0.085	0.085	0.065	0.070	-0.020	-22.22	336,384
SNS	0.540	0.560	0.535	0.545	0.010	1.87	275,676
RHONEMA-WA	0.070	0.105	0.035	0.045	-0.045	-50.00	259,223
BORNOIL	0.010	0.010	0.005	0.010	0.000	0.00	249,514

Improvement Service Fund imposed on developers to balance development in Petaling Jaya