Selangor sets a precedent with bumi lot penalty waiver

After four years, 207 non-bumiputra homeowners in USJ One Park can finally obtain their strata titles following the Selangor government’s RM15.32mil waiver of penalty fees for their unwitting purchase of bumiputra quota units.

A responsible government should ensure its citizens have a roof over their heads. Recognising this, the government has implemented several policies to assist the rakyat in acquiring homes, one of which is the Bumiputra Housing Policy.

Introduced as part of the New Economic Policy in the 1970s, this policy aimed to reduce the income disparity between bumiputras and non-bumiputras. Essentially, it requires property developers to reserve a certain percentage of their units for exclusive sale to bumiputras at a discount.