Benjamin Ong Chin Yee, Chief Operating Officer of Mah Sing Group Bhd, has called on the Johor government to involve developers when formulating new housing policies such as making the provision of telecommunication facilities mandatory in future development projects.
“Every policy that is made should consider the interest of all parties, including the buyers, developers and shareholders,” he said during a press conference made in conjunction with Acacia double-storey link homes’ launch.
“As a developer, we face the challenge on how to meet the requirement while also offering affordably-priced residences.”
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He explained that this is important since any new policy would lead to additional costs that indirectly affect housing prices, reported Bernama.
In November, Johor Menteri Besar Datuk Hasni Mohammad said there would come a time when telecommunication infrastructure would be made a mandatory requirement in any building plans or development planning, given that telecommunication facilities are just as important as electricity and water supply.
“However, Johor will conduct an in-depth study on this matter for cooperation from developers. The local authorities are also ready to process and accept this proposal,” he was reported as saying.
Although some developers had provided such infrastructure in their projects, Hasni noted that the effort had not been comprehensive.
Separately, Ong shared that Mah Sing is proud of Pasir Gudang being conferred a city status on 22 November.
“For us, as a developer, this upgrade in status is meaningful as Mah Sing has projects in Pasir Gudang and the move will definitely give added value in terms of land and property investments that we undertake,” he said.
Since Johor is an important market for the company, Mah Sing will make more property investments within the state aside from aggressively boosting its land bank.
On the Acacia project, Ong said each of the 187 two-storey link homes has a built-up area of 1,838 sq ft and are priced from RM498,000.
He added that 80% of the units had been sold to date.
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