Call for other states to follow Johor’s move

KULAIJAYA: Glomac Bhd, which is launching a RM710mil mixed housing project in Bukit Batu, Johor, in a joint venture with Kumpulan Prasarana Rakyat Johor (KPRJ), is calling for state governments to follow Johor’s lead in keeping development charges and land premiums low.

“In Johor, the state government has created a good environment for developers to build affordable homes by not introducing excessive development charges and keeping the land premium from skyrocketing,” said group managing director and chief executive director Datuk Seri Fateh Iskandar Mohamed Mansor.