TS, can u share the source of this guideline?

Mean? Logic wise is 5% since 505 is close to 500? What if 750 units?

Bro, typo error, item 1, if LESS THAN, Then only 5%

Thanks for correction  

Effective 1 Sept 2016,
Selangor Government and LPHS have imposed new Guidelines for Commercial Residential Development

Any development with commercial title and means for residential purposes such like Service Apartment, SOHO , SOVO , SOFO and Office Boutique, will require to comply with some of the guide below

1. If LESS than 500units, compulsory to built 5% of Rumah Mampu Milk
2. If more than 500 and less than 1000units, compulsory to built 10% Rumah Mampu Milk
3. If more than 1000units, compulsory to built 20% Rumah Mampu Milk
4. If located within TOD Zone , compulsory to built 30% Rumah Mampu Milk

Exp,

300units normal service Apartment, will need to built another 15units (5%) service Apartment Mampu Milk

1200units SOHO, will need to built another 240units (20%) SOHO Mampu Milk

Fixed price and minimum sizes

1) Service Apartment and SOHO fixed price at RM270K with minimum size from 550sqft.
2) Boutique Office , SOVO, SOFO fixed price at RM 230K with minimum size from 450sqft.

This requirement will take effect for all submission after 1 Sept 2016.

Earlier submission (before 1 Sept 2016) and those KIV submission after 31 Dec 2015 will not be affected.

Do you all think that this new Guidelines will effectively control the oversupply of Commercial type of residential development (Service Apartment, SOHO, SOVO, SOFO) in Selangor????

Effective 1 Sept 2016,
Selangor Government and LPHS have imposed new Guidelines for Commercial Residential Development

Any development with commercial title and means for residential purposes such like Service Apartment, SOHO , SOVO , SOFO and Office Boutique, will require to comply with some of the guide below

1. If LESS than 500units, compulsory to built 5% of Rumah Mampu Milk
2. If more than 500 and less than 1000units, compulsory to built 10% Rumah Mampu Milk
3. If more than 1000units, compulsory to built 20% Rumah Mampu Milk
4. If located within TOD Zone , compulsory to built 30% Rumah Mampu Milk

Exp,

300units normal service Apartment, will need to built another 15units (5%) service Apartment Mampu Milk

1200units SOHO, will need to built another 240units (20%) SOHO Mampu Milk

Fixed price and minimum sizes

1) Service Apartment and SOHO fixed price at RM270K with minimum size from 550sqft.
2) Boutique Office , SOVO, SOFO fixed price at RM 230K with minimum size from 450sqft.

This requirement will take effect for all submission after 1 Sept 2016.

Earlier submission (before 1 Sept 2016) and those KIV submission after 31 Dec 2015 will not be affected.

Do you all think that this new Guidelines will effectively control the oversupply of Commercial type of residential development (Service Apartment, SOHO, SOVO, SOFO) in Selangor????

How come the allocation % is different from what they announced?

http://www.thesundaily.my/news/1960084

10% for 500 units and below
15% for 501 to 1,000 units
20% for more than 1,000 units
20% to 30% for TOD

should hv an expiry date for those approved submissions else those holding the previous guideline approved plans or KIV then apporve later ones can hold forever with the old guideline

Also, this guideline does not seem to stop people from  staying at sovo, sofo or the like ...

Ultimate aim for this guideline is to control the current oversupply of SA, SOHO, SOVO....
Also, discourage developers to built commercial type of residential development.

Before this, it is unfair for those developers who need to built Rumah SelangorKU
If they building residential title development.

Understand the ultimate aim to control and the background of this guideline...however, developers, after cost feasibility study, can still choose to build sovo and/or sofo. Maybe less but still growing.

Then, in overall, the grey area of staying at sovo and sofo is still there....