Weekly Industry News

No affordable housing, no approvals

Weekly Industry News

The Selangor state government has decided to withhold the necessary approvals for developers who do not meet its affordable housing quota, in a bid to rein in defiant ones who delay the construction of affordable units in their projects.

According to the state government, any developments approved by its local councils, such as the Shah Alam City Council or the Petaling Jaya City Council, are required to prioritise the construction of affordable units. This means such units are to be built in the first phase of the project’s development, or concurrently with other residential units. This is the condition imposed on developers upon the issuance of a development order by the local government.

“Failure to comply could result in punitive action by the respective local government, including the suspension of the development order, building plan approval and also the issuance of the certificate of fitness,” the state government said in an email response to questions from The Edge Financial Daily.

Media Title:  The Edge Financial Daily

Date: 03 Sep, 2019

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