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Developers Must Submit Application To Release Bumiputera Units - Perak Exco

Last update: 28/07/2017IPOH, July 28 (Bernama) - Housing developers are to submit applications to the Perak state government before they can release unsold Bumiputera quota units to non-Bumiputeras, said State Women Development, Social Welfare, Housing and Local Government Committee chairman Datuk Rusnah Kassim.

She said the state government would not compromise on this and would not hesitate to impose a seven per cent penalty on housing developers failing to comply with the conditions.

"Among the requirements for the release of the Bumiputera quota units are the construction of the housing project is 70 per cent completed and that the project has been advertised in newspapers and on radio of up to four times before it can be referred to the Perak State Development Corporation (PKNP) and the state government.

"Provided that the housing developers comply with the conditions set out for the purpose of the release of the Bumiputera units, only then the state government will allow the application because there are developers who already sold the units before they submitted the application for the release, we will not allow it at all," she said.

She was speaking to reporters after officiating the Malaysia Property Expo 2017 (MAPEX 2017) organised by the Real Estate and Housing Developers' Association of Malaysia (REHDA) here today.

-- BERNAMA