SELANGOR Town and Country Planning Department (JPBD) director Mohd Zaki Ibrahim said the department will take into consideration opinions from stakeholders on the issue of reviewing the building guidelines.
“We will look at inputs from the local authorities and technical and legal departments. We have already conducted several technical meetings pertaining to this issue,” he added.
Zaki said they would look at all the aspects inside the guidelines and discuss it with the state authority before making changes.
ThinkCity, a wholly owned subsidiary of Khazanah Nasional Berhad to spearhead community-based urban regeneration, also felt profits could still be made despite the high cost of property.
ThinkCity executive director Hamdan Abdul Majeed said consumers were willing to pay high prices if there was a market for it.
“Those who can afford it will buy, not everyone needs to own a home, some can rent or lease the property,” he added.
Hamdan said home ownership in Malaysia was more advanced compared to other countries.
He said there had to be a balance between the guidelines and rules that were beneficial for all.
In fact guidelines and rules had worked out well for other developed countries including the United Kingdom.
He said he had seen places like King’s Cross, London that required 40% of land for public use.
People, he said, wanted innovative, good products and amenities.
Hamdan said that cities need walkable, safer and less polluted environments.
“All these things that are usually part of the guideline has to create an inclusive sustainable city,” he added.