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Mar 11
2010

Two Abandoned Housing Projects Revived

Posted by Thinkproperty.my News Team in The StarNews

Thinkproperty.my News Team
Extract from The Star (11/03/2010)

JOHOR BARU:
Two abandoned housing projects in the state valued at RM40mil will be revived by the Housing and Local Government Ministry with the co-operation of developers.

Housing and Local Government Minister Datuk Seri Kong Cho Ha said that the projects in Cahaya Kota Putri in Plentong and Taman Mawar in Kulai had been taken over by Mahabuilders Sdn Bhd and Syarikat Perumahan Negara Berhad respectively.

“The projects comprising 600 houses and shoplots were abandoned in 2005,” he said during a visit to the Cahaya Kota Putri site last week.

The problem of abandoned housing projects had always plagued the ministry but it was trying to reduce their occurrence, he added.

“The problem occurs due to mismanagement of projects by the developers,” he said.

Kong said that consumers needed to do their part in checking the backgrounds of developers before making any purchases.

The local councils should relax rules to help the victims of abandoned projects, he added.

Kong said the Cahaya Kota Putri project was scheduled for completion late this year.

A representative of the house owners, Woo Siew Teng, said they were grateful to the ministry for addressing the problem.

“Many of us have waited over 6 years for our houses and are happy that the Government has stepped in to help,” she said.

Source
http://thestar.com.my/metro/story.asp?file=/2010/3/11/southneast/5815406&sec=southneast

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Let's all hope this project will finally push through and convert the long idleness into profit.
Lou Surtido , 21:04 March 11, 2010

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