KOTA KINABALU, Oct 23 (Bernama) -- The Sabah state government has given its assurance that it will not take back land leased to developers for 999 years and commercial land leased for 99 years.
Chief Minister Datuk Seri Musa Aman said the lease on the land may however be renewed 10 to 20 years before the expiry of the lease.
"Although there is 20 or 10 years left on the lease, the government can still approve a lease renewal as the land is owned by the people and not the government," he told reporters after receiving a courtesy call from the Federation of Chinese Associations Sabah at the State Legislative Assembly here today.
Musa, who is also Sabah Finance Minister, said the policy will be discussed at a state Cabinet meeting.
The Sabah Housing and Real Estate Developers Association (Shareda) had earlier urged the government to reinstate the 999-year land lease tenure for subdivided titles.
Read More : Bernama.com
Wednesday 24 October 2012
Leased Land Won't Be Taken Back, Says Sabah Government
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Baguslah..harap rakyat akan dapat manfaatkannya.
ReplyDeleteBerita ini pasti melegakan para pemilik tanah
ReplyDeleteSelain jaminan tu kerajaan perlu segera selesaikan masalah tanah NCR
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