Property developers urged to disclose cost of development

Valuation and Property Services Department director-general Ahmad Zailan Azizuddin wants government intervention to ensure property developers disclose their costs in property developments.

This move is to reduce differential valuations by the Valuation and Property Services Department and private property valuers.

Ahmad Zailan said the government should have a strong policy in place and the commitment to ask property developers to reveal the actual costs of property developments.