Saturday, May 26, 2012

Affordable housing move


DEVELOPERS who opt to build 87 housing units per acre (0.4ha) on Penang island will now have to allocate 15% of their projects for units priced between RM200,000 and RM300,000.
This is an increase of 5% as the previous requirement for such units for that plot ratio was 10%, said Penang Municipal Council (MPPP) councillor Felix Ooi Keat Hin.
He said developers who take up the plot ratio were able to build more units and, as such, they needed to also build more affordable ones too.
“It is an initiative by the state to build more affordable housing,” Ooi said at a full council meeting at the City Hall in the Esplanade, Penang, yesterday.
He said developers who opted for that plot ratio also had to allocate 5% of their project for units priced RM200,000 and below, and 5% for units priced between RM300,000 and RM500,000.
ull agenda: Councillors discussing matters at the full council meeting at the City Hall.
MPPP Public Health Standing Committee alternate chairman Ong Ah Teong said Alunan Matrik Sdn Bhd had been awarded the tender to manage the use of electronic bunting on street lamps.
He said the award was made through an open tender conducted in June last year.
He said the company would be allowed to put up 100 panels on selected street lamps for which they had to pay the council RM720 per panel a year in addition to a RM10,000 deposit for all 100 panels.
“The company have to comply with regulations set by the council such as a ban on alcohol advertisements,” Ong said, adding that the e-buntings would be up in July.
When contacted, Alunan Matrik marketing vice-president Patricia Pee said the e-bunting was an initiative by the company to go green as there would be no ink and paper wastage. - The Star

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