News: Developers, utility companies must share public infrastructure costs
The cost of building public infrastructure such as flyovers, substations and reservoirs must be shared between property developers as well as utility companies, according to Chang Kim Loong, Secretary General of National House Buyers Association.
Chang emphasised that developers should share the costs with utility companies like Syarikat Bekalan Air Selangor Sdn Bhd, Perbadanan Urus Air Selangor (PUAS) and Tenaga Nasional Bhd.
Meanwhile, Datuk Seri Michael Yam Kong Choy, President of Real Estate and Housing Developers Association Malaysia (REHDA), said TNB can still recover the costs it paid through tariff collection.
"There must be an urban partnership between the master developer and the agencies. Right now there is no emphasis on on this. There has to be a mechanism," said Yam.
On the other hand, Datuk Seri Chor Chee Heung, Minister of Housing and Local Government, said the United Nations had recognised the housing sector in Malaysia with its successful status.
Unlike other dwellers which do not have car park areas, Malaysians have good spacious homes, he noted.
"Felda settlers for example, have no housing problems. So we are spoilt in some ways," Chor added.
Moreover, several industry players proposed to group the Syarikat Perumahan Negara Bhd and 1Malaysia People's Housing Programme (PR1MA) under one group.
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