One month left for factory owners to pay up conversion premium

One month left for factory owners to pay up conversion premium

All factories at Sungai Penaga Industrial Park are awaiting the last 20 sub-lot owners to pay their premiums in order to convert the land into industrial title.

The last 20 sub-lot owners of factories located on agricultural land have to come forward by the end of next month in order for the whole Sungai Penaga Industrial Park in USJ Subang Jaya be converted to Industrial land.

The 20 have to pay RM 25,000 each being the premium to convert their sub-lots of agricultural to industrial use. Sungai Penaga Industrial Park association chairman Phoo Sai Hoong urged the 20 owners to give co-operations before the 50% premium discount granted by the state government expires in August.

Hannah briefed the operators on the procedures to legalise their sites

“There are 408 factories here under 17 master titles. Every master title contains 24 lots of land so we need every sub-lot owners to pay up to succeed the conversion,”

The factories in USJ 2 have been classified as “illegal” for the last 20 years as they are operating on land classified as agricultural. Under the task force led by Ean Yong Hian Wah to legalise the state’s illegal factories, it has offered a three-month discount of premium that ended in June.

“But we are extending the period to the end of next month based on the requests of the association,” Ean Yong said at a press conference with Subang Jaya assemblyperson Hannah Yeoh and the factories owners.

“Once their factories are legalized, they are entitled toapply for for insurances, loans and ISO recognitions besides having their properties appreciated,”

The owners can contact the association chairman Phoo Sai Hoong at 019 3373065 or vice chairman Tan Kee Soo at 012-3310 342 for more information.