Social Development Strategies - Iskandar Malaysia
Social Development Strategies - Iskandar Malaysia
Social Development Strategies - Iskandar Malaysia
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SOCIAL DEVELOPMENT STRATEGIES CHAPTER 5 | PART 2<br />
Figure 5.1: Total Value of Assessed Properties by Local<br />
Authority and Racial Groups in SJER, 2006<br />
Within the four areas together, the Bumiputeras own a total of RM7.43<br />
billion or 11.2% of the total property value that are assessed. The<br />
Chinese hold a much larger share at RM20.32 billion or 30.5%. The<br />
16,000.0<br />
MBJB<br />
14,810.7<br />
Indians hold RM1.98 billion or 3.0%; companies hold RM29.04 billion<br />
RM (Million)<br />
14,000.0<br />
12,000.0<br />
10,000.0<br />
8,000.0<br />
6,000.0<br />
4,000.0<br />
4,364.3<br />
12,567.1<br />
or 43.6%; developers hold RM6.66 billion or 10.0% and others hold the<br />
remaining RM1.23 billion or 1.8% (Figure 5.1).<br />
C. Property Value Per Head<br />
2,000.0<br />
834.0 1,090.4<br />
0.6<br />
Malay Chinese Indian Others Other<br />
Business<br />
Entities &<br />
Institutions<br />
Developer<br />
In terms of property value per head of population by race, the total<br />
property value per head for the Bumiputeras is the lowest at RM18,684<br />
as compared with that of the Chinese (RM59,527), the Indians<br />
Ethnicity/Group<br />
(RM24,246) and the Others (RM23,087). This shows that the value per<br />
9,000.0<br />
8,000.0<br />
7,000.0<br />
MPJBT<br />
7,695.1<br />
6,570.4<br />
capita for the Chinese is more than three times larger than that of the<br />
Bumiputeras (Figure 5.2).<br />
RM (Million)<br />
6,000.0<br />
5,000.0<br />
4,000.0<br />
3,000.0<br />
2,000.0<br />
1,000.0<br />
2,690.2<br />
5,383.6<br />
1,005.2<br />
127.6<br />
It is the expressed policy of the Government (refer the Ninth <strong>Malaysia</strong><br />
Plan) to narrow this gap between the Malay property ownership and<br />
that of the non-Malays.<br />
250.0<br />
200.0<br />
Malay Chinese Indian Others Other<br />
Business<br />
Entities &<br />
Institutions<br />
Developer<br />
205.8<br />
Ethnicity/Group<br />
MDP<br />
Figure 5.2: Property Value Per Head (in RM) of Various Racial<br />
Groups in SJER, 2006<br />
RM (Million)<br />
150.0<br />
100.0<br />
2,690.2<br />
93.9 87.9<br />
70,000<br />
60,000<br />
59,527<br />
50.0<br />
1.1<br />
Malay Chinese Indian Others Other<br />
Business<br />
Entities &<br />
Institutions<br />
Developer<br />
MPKu<br />
2.8<br />
RM (Million)<br />
50,000<br />
40,000<br />
30,000<br />
20,000<br />
18,684<br />
24,246 23,067<br />
7,000.0<br />
6,000.0<br />
Ethnicity/Group<br />
6,48.3<br />
10,000<br />
RM (Million)<br />
5,000.0<br />
4,000.0<br />
3,000.0<br />
2,159.4<br />
Malay Chinese Indian Others<br />
2,000.0<br />
1,000.0<br />
350.2<br />
135.0<br />
5.7<br />
-<br />
Source: SJER CDP 2025<br />
Malay Chinese Indian Others Other<br />
Business<br />
Entities &<br />
Institutions<br />
Developer<br />
Source: SJER CDP 2025<br />
Ethnicity/Group<br />
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