Frequently Asked Questions
What is Bandar Malaysia?
Bandar Malaysia is a project to redevelop the old Sungai Besi Airport into a new and vibrant landmark that will reflect the aspirations of a Greater Kuala Lumpur. This 495 acres mixed development project, of which 1MDB is Master Developer, aims to promote livability and sustainability as its distinctive characters.
It will have a mix of residential, commercial and lifestyle facilities as well as livable space for work/life balance such as open green space and people’s avenue.
What is Jati Homes?
The Jati Homes is a proposed affordable housing programme under 1MDB, currently at a concept stage.
The Jati Homes concept aims to provide quality and affordable family lifestyle in the city. It will be developed in selective locations with great connectivity and accessibility, and aims to cater to families and community living, by emphasizing on child-friendly facilities and safe and secure living infrastructure. The Jati Homes concept also envisages featuring support amenities that promote health and wellness lifestyle, and sustainable and green development.
What is the connection of Jati Homes with Bandar Malaysia?
The initial proposed Jati Homes is to be part of the overall master plan for Bandar Malaysia.
What are the proposed facilities that will be offered in Jati Homes?
We are currently conducting a feedback survey to help us align our vision with the requirements of its potential target market in terms of type of units, built up area, facilities provided etc. The facilities will be decided by our survey findings.
When will the development for Jati Homes be ready for launch?
The Jati Homes is expected to be launched between 2012 and 2013.
How big are the Jati Homes concept units?
One of the purpose of the Jati Homes concept questionnaire is to align the developers’ plan with what market requires. The size of the units is expected to range from 800 sq ft to 1,000 sq ft, subject to the findings of the survey.
What are the expected prices for the units?
One of the purpose of the Jati Homes concept questionnaire is to align the developers’ plan with what market requires. The price is expected to be between RM220,000 to RM300,000, subject to the findings of the survey.
Who will be eligible to purchase Jati Homes?
Jati Homes is open for all Malaysians working with the government, private sector or self-employed. It is targeted for first time homebuyers who will be owners-occupiers, with household income of less than RM6,000 per month.
When will the Jati Homes be open for buying?
1MDB is currently collecting inputs from the public interested in participating in Jati Homes concept’s future projects. Questionnaire for the Jati Homes concept is now available at www.jatihomes.com.my. Paper copy of the questionnaire is available at Galeria Bandar Malaysia. The Jati Homes is expected to be launched between 2012 and 2013.
I do not have access to the computer and/or Internet. How else can I submit the feedback?
You may visit us at Galeria Bandar Malaysia to complete the questionnaire with the assistance of our Customer Service Officers there. Alternatively, please leave your home address for us to send you a copy of the form. We do encourage you to complete the form online for immediate submission accurately.
I have filled in the 1MDB Jati Homes Concept Questionnaire. What can I expect now?
Thank you for your interest. Your submission will serve two purposes:
- The feedback will help the developer’s vision align with the requirements of its target market in terms of type of units, built up area, facilities provided etc.
- Your details will now be part of the database that will be tapped into developing the Jati Homes concept.
Should you wish to be on our mailing list, 1MDB will contact those who meet the criteria when the project is ready for launch. Those contacted and are still interested will be welcomed to register. Further details will be requested, and balloting may take place.
How long do I have to wait to know whether I will be chosen or not?
1MDB will only collect data and feedback now. Should you wish to be on our mailing list and meet the qualifying criteria, 1MDB will contact you once our projects are ready for launching. The selection will only be done after specific phase of the project is launched.
Can I put down a deposit to book a unit in Jati Homes?
We are not accepting any reservation, deposit, or registration at this point because we have yet to launch for sales. 1MDB is currently collecting inputs from the public interested in contributing to the Jati Homes concept. Questionnaire for the Jati Homes concept is now available at www.jatihomes.com.my. Paper copy of the questionnaire is available at Galeria Bandar Malaysia.
If I own a Jati Homes unit, but do not live there, am I allowed to rent out the unit?
Jati Homes will only be opened to first time homebuyers who will be owner-occupiers.
How will I know when any of the developments are open for sale?
If you have submitted your details to 1MDB, requested to be included in our mailing list and fulfill the qualification criteria, you will be notified via email when the project is opened for launch. There will also be publicity on the launch.
Where will the other phases of Jati Homes be located, how many of them and when are they coming into the market?
The locations are currently being finalized, but in line with Jati Homes main concept, they will be developed in selective locations with great connectivity and accessibility. We will make an announcement in the media once the project is ready for launching.
When will other developments in Bandar Malaysia come on market?
Currently, the Malaysian Institute of Planners is conducting an international master plan design competition for Bandar Malaysia on behalf of 1MDB. The result, expected to be announced in the second half of 2012, will be the basis for Bandar Malaysia master plan that will be ready in 2013. Other projects in Bandar Malaysia will be announced subsequently.
Are there any special loan options for this development?
At this point, there are no special loan options that are specific to Jati Homes concept. However, you are encouraged to check out several existing financing schemes provided by the government and private financial institutions already existing in the market when the concept is ready for launch.
What is the address for your show gallery and what are the operating hours?
Our addres is:
Galeria Bandar Malaysia,
Jalan Lapangan Terbang Lama, Off Jalan Istana,
Sungai Besi, Kuala Lumpur
GPS Coordinate: 3° 7'20.86"N, 101°42'16.23"E
Wednesdays to Fridays – 11:00 am to 7:00 pm.
Saturdays, Sundays and Public Holidays – 10:00 am to 6:00 pm
Note: We are closed on Mondays and Tuesdays, except public holidays.