Bumiputra Housing
Industry, 26 February 2010
Housing developers in Malaysia are required to set aside at least 30% of their development housing for the bumiputra, as well as provide a discount of 5 – 15%. This has been in place since the introduction of the National Economic Policy in the 1970’s, which was implemented to balance out the socio-economic imbalances experienced by the bumiputra. This policy was set in place to encourage more bumiputra to own houses and to promote greater interaction among the various ethnic groups living in Malaysia.
Low Cost Housing Policy
Industry, 11 February 2010
Housing developers are required to build low cost housing in proportion to the total unit scale of their development in line with the National Housing Policy.
In Malaysia, land matters come under the State jurisdiction. Therefore, the exact allocation is determined by the respective States.
The Property Development Process in Malaysia
Industry, 10 February 2010
A detailed flowchart on the process of property development in Malaysia, from land purchase application to construction to delivery of the property to purchasers.