The effect of planning procedures towards the profitability of project: case study the peak residential project, Bandar Sri Damansara, Petaling Jaya / Mimi Asyrafeena Rosmin

Planning system enacted under the Department of Urban and Regional Planning degree of impact and positive effects, especially in the development sector in the country. With the creation of this system, the development has increased in tandem with economie growth in our country. However, this development will run smoothly if all parties involved complying with and following the process provided by the Planning Department. One of the processes that need to be foliowed is to apply for approval of planning permission before starting any development work. In addition, the time factor is an important element in the development process to produce a high quality development and it is to be completed by the costs have been allocated. Due to that, time should be taken in the planning procedures should be discussed in this project, especially in the aspects of the application for Planning Permission. Additionally, the causes of delay in obtaining the approval of planning permission will also be discussed in this study. Whether it is due to the requirement that the applicant be complicated or burdensome, or they have other reasons that cause this plan approval process takes so long to cause delays to the development. The main aim of this study is to identify whether the time factor affecting the profitability of a project or maybe it does not leave any impact on the development. All information deemed relevant and thoughtful obtained from various sources. It is hoped that this project could clearly explain the best use of time to get the approval of Planning Permission and to avoid any problems that may cause the process to be longer in the future.