Johor Baru's abandoned buildings to be restored
The Johor Baru City Council (MBJB) will offer incentives to developers to
restore abandoned projects in the city.
Incentives such as a 50 percent discount on fees for building plan submission and improvement service funds, as well as on building charges and waiver of deposits will be given by the MBJB to developers.
City Mayor Mohd Jaafar Awang said the incentives are partly meant to reduce various “eyesores” in Johor Baru.
“I hope these incentives will lead to developers restoring abandoned buildings,” he said.
“Now four of the abandoned buildings have been restored — the Grand Paragon Hotel, Danga City Mall, Metro Larkin and Daiman Larkin, (with) two others — Flamingo Hotel in Permas Jaya and Kemayan City — (are) currently being restored,” he said, citing an improvement from the 19 abandoned buildings recorded in 2008.
“Factors include issues within the developer’s organisation, inadequate planning and lack of feasibility studies,” said Mohd Jaafar, with financial difficulties being the primary culprit of abandoned developments.
“Such buildings, especially commercial ones, reduce the property and asset value of the surrounding areas,” said Prof Dr Mohd Hamdan Ahmad, Executive Director at the Universiti Teknologi Malaysia’s Institute Sultan Iskandar.
Incentives such as a 50 percent discount on fees for building plan submission and improvement service funds, as well as on building charges and waiver of deposits will be given by the MBJB to developers.
City Mayor Mohd Jaafar Awang said the incentives are partly meant to reduce various “eyesores” in Johor Baru.
“I hope these incentives will lead to developers restoring abandoned buildings,” he said.
“Now four of the abandoned buildings have been restored — the Grand Paragon Hotel, Danga City Mall, Metro Larkin and Daiman Larkin, (with) two others — Flamingo Hotel in Permas Jaya and Kemayan City — (are) currently being restored,” he said, citing an improvement from the 19 abandoned buildings recorded in 2008.
“Factors include issues within the developer’s organisation, inadequate planning and lack of feasibility studies,” said Mohd Jaafar, with financial difficulties being the primary culprit of abandoned developments.
“Such buildings, especially commercial ones, reduce the property and asset value of the surrounding areas,” said Prof Dr Mohd Hamdan Ahmad, Executive Director at the Universiti Teknologi Malaysia’s Institute Sultan Iskandar.
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