Loke proposes gov't relaxes parking lot rule for apartments near public transport
Transport Minister Anthony Loke has proposed that the developers be given an option not to provide parking lots for the high-rise housing near public transportation points.
This was the spontaneous suggestion Loke made after a meeting with the Real Estate and Housing Developers' Association (Rehda) at a property event in Kuala Lumpur today.
Transport Minister Anthony Loke has proposed that the developers be given an option not to provide parking lots for the high-rise housing near public transportation points.
This was the spontaneous suggestion Loke made after a meeting with the Real Estate and Housing Developers' Association (Rehda) at a property event in Kuala Lumpur today.
He said developers had suggested for the government to relax the compulsory requirement for them to provide adequate parking space at high-rise housing projects which will be part of the property cost.
Loke said he saw two benefits in the proposal - encouraging the residents to take public transport and reducing house prices.
"I propose that (we) embark on a pilot project or experiment at (housing) projects nearby public transportation in the Klang Valley be it the MRT, LRT or the (KTM) Komuter stations," he said.
"(For this project) we don't give complimentary car parking for the buyers. So, this can bring down the house price," he said.
He said the unit buyers will have the option to buy a house with a parking lot at a different price.
He, however, noted that the matter did not fall under his jurisdiction but under the Housing and Local Government Ministry as well as the local authorities.
He urged housing developers to come up with a specific proposal on the matter and added he was willing to co-chair a government meeting with them.
Meanwhile, Rehda president Soam Heng Choon said high-rise house prices would be reduced if the government relaxed the compulsory requirement on car park lots.
"Each car park lot in Kuala Lumpur costs about RM50,000," he said.
"When we build a high-rise (housing project) in Kuala Lumpur, there is a likelihood for us to build two car park lots (for each house buyer)," said Soam.
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