Beneath the Veneer: The Political Economy of Housing in Iskandar Malaysia, Johor
Ng, Keng Khoon; Lim, Guanie | June 2017
Abstract
This paper attempts to explore the political economy underwriting such development, analysing the housing policies and development goals of both the Malaysian government as well as its Johorean counterpart. It does so by focusing on Iskandar Malaysia, a special economic zone (SEZ) earmarked as a high-impact project since 2006 by Malaysia’s economic planners. Despite some commercial success, this paper argues that Iskandar Malaysia is bogged down by tensions along two dimensions: bumiputra versus non-bumiputra interests; and federal government versus state government priorities. The paper unpacks such tensions by analysing the case of Forest City, one of the most high-profile projects in Iskandar Malaysia in recent years.
Citation
Ng, Keng Khoon; Lim, Guanie. 2017. Beneath the Veneer: The Political Economy of Housing in Iskandar Malaysia, Johor. © ISEAS Yusof Ishak Institute. http://hdl.handle.net/11540/7547.PDF ISBN
978-981-4786-56-0
Print ISBN
978-981-4786-55-3
ISSN
0219-3213
Keywords
Cultural Development
Development Economics
Development Issues
Financial Sector Development
Infrastructure Development
Urban Development Finance
Financing
Financial System
Financial Sector Reform
Financial Institution
Bank Financing
Rural planning
Economic development
Economic indicators
Standard of living
Development projects
Development policy
Housing projects
Development models
Social reform
Urban planning
Public Borrowing
Credit Policy
Banks
Real estate development
Housing development
Community banks
Mortgage banks
Housing policy
Tax administration and procedure
Real property and taxation
Property tax
Credit control
Banks and banking
Title companies
Tax deductions
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