Property Hunter Magazine Issue 64 2015 | Page 72

HOT TOPIC | SHAREDA 2014 Property Development Annual Report & Market Outlook 2015 SHAREDA PROPOSES CHANGES TO BOOST PROPERTY DEVELOPMENT MARKET In the 2014 Annual Property Market Report, SHAREDA highlighted several pressing issues that have yet to be resolved. There have been some positive signs of resolution to these issues from the local housing ministry but a sense of urgency is still evident as property developers continue to overcome surmounting challenges to keep property prices within affordable range for the public. In his paper for the annual report, Ar Ronnie Ang wrote: Proposal to Expedite Development Plan Approval Back in year 2005, Development Plan for residential development was approved within a period of 6 months with anticipated time of additional 2 to 3 months to obtain Developer’s Licence from Ministry of Local Government and Housing. Later, more stringent measures were introduced from various government agencies for more technical studies like JKR Traffic Impact Assessment (TIA) or Traffic Site Plan (TSP), DID MASMA studies, Environmental Impact Assessment (EIA), and DBKK High risk committee on Hill Slope Development. The Health Department has also now enforced that the “Health Impact Assessment” must be submitted by developers to mitigate the spread of “dengue disease” at construction sites. These additional procedures have deterred the approval process as the studies take a longer time to complete and they must be done simultaneously before reaching a final decision by the local councils before sending over to Central Board for final decision. SHAREDA’S Survey Recent survey amongst SHAREDA’s members has shown that most of 72 www.PropertyHunter.com.my the Development Plans have taken between 30 to 36 months to obtain a Development Plan’s approval. It is indeed welcoming news when it was announced by YB Datuk Seri Panglima Haji Hajiji Bin Haji Mohd Noor, Minister of the Local Government and Housing at the recent State Legislative Assembly that the Government is setting up a one stop centre to streamline the process of approving developments, building plans and issuance of Occupational Certificates. SHAREDA fully concurs and is supportive of the proposal by the minister as it will definitely expedite the approving process and reduce the unnecessary red tape in all aspects. SEVERAL PROPOSALS BY SHAREDA TO EXPEDITE THE APPROVAL OF DEVELOPMENT PLAN (DP) (i) Submission of DP to Central Board First for Principal Approval The role of Central Board is to deliberate the zoning and rezoning issue, to ascertain the Development Plan is in line with Government’s policies as well as to consider the social impacts created by the proposed development apart from traffic impacts and environment impacts issue. Central Board has no sufficient technical support such as qualified engineers and architects to review the technical aspects of the proposed development. Thus, local authorities still need to circulate the proposed Development Plan to the respective advisory departments for technical comments. This has caused distressful experience to the developers due to heavy capital investment cost on land, resources and fee payments for consultants’ services. Inevitably, this would delay the approval process which will further exacerbate the cash flow problems and service higher bank loan interest. Hence, SHAREDA hereby recommends to the Central Board under the Ministry of Local Government and Housing to accept all development plans to be submitted to Central Board for approval ahead of the development plans before being circulated to all relevant advisory departments for technical comments. The “Top Down” procedure is more appropriate as Central Board is the highest authority to approve DP prior to the gazettement of Draft Local Plan as a short term solution. The above “Top Down” procedures would save a lot of development risks for developers and many hopes that the Central Board would recommend a Development Planning Approval (DPA) stage to be arranged within 2 months from the date of submission by a qualified architect. With this order in place, the developers would have the confidence to pay up the balance of the land price within the 6 months grace period to prevent huge loss in securing unsuitable land for development. (ii) To expedite the gazette of all Draft Local Plan by MLGH The Ministry of Local Government & Housing (MLGH) through its Town Planning Department must expedite the gazette of all draft local plans so that Development Plans do not need to be submitted to Central Board as a long term solution. The Central Board’s role should only then focus on the issues of rezoning applications and to regulate appropriate development policy. (iii) To set up “One Stop Centre” to gather technical comments in all District Council After the principal approval has been obtained from Central Board, the Development Plan will be submitted to the respective councils for technical comments for final approval. In order to expedite the process of technical comments, it is recommended that the District Council set up a One Stop meeting every month to involve all relevant advisory departments to give their comments on the spot in accordance to what has been suggested by YB Datuk Seri Panglima Haji Hajiji Bin Haji Mohd Noor in his winding up speech in the recently concl VFV@