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Household House worth RM150k?, What kind of house can I build with this

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jchong
post Feb 3 2009, 10:39 AM

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QUOTE(??!! @ Feb 3 2009, 12:48 AM)
Our Govt like to think that developers can make $$ from LC.

Some developers have even offered to state govt.."I give u  the land free lah, u go and built and take the money as well"..that's how bad the situation is for some developers.

If we want to discuss about low cost housing in m'sia, tak boleh habis bincang.
Rehda has been in discussion with authorities for ages but no concrete results.
For political reasons, the govt will want to maintain status quo
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Yes, the low cost housing policy is a thorn in the side of developers. But I've heard there are ways to get around it.

Don't see any low cost housing in Bandar Utama right? Nor in Mutiara Damansara unless I'm mistaken.
wodenus
post Feb 3 2009, 01:30 PM

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QUOTE(imin @ Feb 3 2009, 09:41 AM)
hohoho.. thank you all for joining this discussion...
btw I didn't disappear, I thought this topic was dead since only 3 people replied after a few days I posted it.. it seems now i have to go out to see how can I make more money so can I have a bigger house.. hoho

anyway I just downloaded the ebook 'Build Your Own House' from www.byoh.com .. perhaps my last resort to save money is by start building my own house...
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It will be very unique that's for sure, it's time we stopped living in cement prisons eh ? we have nice weather, but we stay in houses that are more easily heated than cooled smile.gif

tinkerbel
post Feb 3 2009, 01:41 PM

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@jchong,
BU got away without low-cost housing but I don't think developers are able to do that anymore. Even the Valencia township has low-cost houses - it's just not marketed as part of the development but it's there if U know where to find it tongue.gif
wodenus
post Feb 3 2009, 01:57 PM

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QUOTE(tinkerbel @ Feb 3 2009, 01:41 PM)
@jchong,
BU got away without low-cost housing but I don't think developers are able to do that anymore.  Even the Valencia township has low-cost houses - it's just not marketed as part of the development but it's there if U know where to find it tongue.gif
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BU probably has low cost houses as well.. maybe in some corner that's not called BU smile.gif but yea to build a vacation place, maybe a parcel of land near the sea, where you can go away for a while and fish and plant vegetables smile.gif

tinkerbel
post Feb 3 2009, 02:03 PM

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@wodenus,
No, BU doesn't have low cost houses - it was a topic which was discussed at lengths previously [perhaps not on this forum but amongst developers akin]

This post has been edited by tinkerbel: Feb 3 2009, 02:08 PM
jchong
post Feb 3 2009, 03:43 PM

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QUOTE(tinkerbel @ Feb 3 2009, 01:41 PM)
@jchong,
BU got away without low-cost housing but I don't think developers are able to do that anymore.  Even the Valencia township has low-cost houses - it's just not marketed as part of the development but it's there if U know where to find it tongue.gif
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I heard that BU got away with it by allocating more school reserves (that's why there are so many schools in BU).

Another tactic I've heard is the developer buys a cheaper land elsewhere and use that as their low cost reserve. So whenever they are asked to provide low cost housing, instead of allocating it in their present land they will negotiate for it to be put in their low cost reserve.
tinkerbel
post Feb 3 2009, 11:20 PM

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@jchong,
Ah well.. in this country, nothing's impossible tongue.gif However, I think it's difficult for developers to get such approvals from now smile.gif



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