Private Dweller Ownership Scheme, just announced by the Selangor government, is indeed a welcoming initiative. This scheme allows Selangor residents to apply for lease renewal and extension with easy payment scheme of only RM 1,000 premium. This has completely solved the problem of expensive lease renewal for the residents in PJ Old Town with expiring lease.
Beginning 1st June 2011, all residential property owners in Selangor can apply to renew and extend the land lease to 99 years by paying RM 1,000 premium. This shows that the state governments led by Pakatan Rakyat have continued to introduce policies that benefit the public and reduce the burden of escalating living cost. In terms of affordability, the lease extension premium under this scheme is unprecedented in our country’s history.
I believe that this scheme is fair, as it applies to all types of residential properties and it has no limit on the size of land. It also benefits the residents of New Village, including those low-income residents in the rural areas and fishing villages. This scheme also applies to the case whereby the lease is transferred to their children, but limited to only one time of transfer. However, this scheme does not apply to the sales of land and transfer of title to persons other than children.
Since Pakatan Rakyat started governing Selangor in 2008, my service centre has received many complaints by the public regarding the expensive premium on lease extension. Based on the previous government’s methodology, the premium is calculated based on RM 10 to RM 25 per sqft. In many residential areas, especially PJ Old Town, the senior citizens cannot afford to pay RM 70,000 to RM 120,000 for lease extension. After discussing this matter with the Pakatan Rakyat leaders and Selangor Mentari Besar, the Selangor government has decided to implement a uniform lease extension premium of RM 1,000 to benefit the people in Selangor.
This scheme has solved the all problems related to lease extension in Selangor. This is in line with the philosophy of Pakatan Rakyat that every citizen should own a home, with the land titles that belong to them.
Earlier, the BN government, especially the MCA, accused the Pakatan Rakyat of charging expensive premium for lease extension. This scheme has put the accusation to rest. The promise to introduce beneficial policies to the people has been honoured. Additional details regarding this scheme will be announced by the Selangor Mentari Besar in the near future.
http://cheanchung.wordpress.com/2011/06/02/selangor-policy-private-dweller-ownership-scheme-benefits-residential-owners-in-selangor-only-rm-1000-premium-for-lease-renewal/
