Friday, 14 April 2017

Selangor Mulls New Guidelines For Serviced Apartments

Selangor Mulls New Guidelines For Serviced Apartments

SHAH ALAM: Developers of serviced apartments in Selangor may need to allocate a certain percentage of units as affordable homes, according to the Selangor Housing and Property Board (LPHS).

In an interview with SunBiz recently, executive director Norzaton Aini Mohd Kassim said LPHS is studying new guidelines for serviced apartments, which explains the notice of a freeze in approving new serviced apartment projects, include small office home offices (SOHOs) and small office versatile offices (SOVOs) for the first half of the year.

The notice was sent out to all Real Estate and Housing Developers’ Association Malaysia (Rehda) members in the state in early March.

To read the full article, please visit Selangor Mulls New Guidelines For Serviced Apartments

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