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Housebuyers want to complete units on their own
21/06/2001 The Star

The ad-hoc committees for purchasers of the problematic Taman Terubong Indah (Majestic Heights) project in Paya Terubong are adamant that buyers will be best served if they complete the units on their own.

Phase I committee chairman Lim Beng Hong said the committees met with Chief Minister Tan Sri Dr Koh Tsu Koon on the matter on June 8.

At the meeting, he said, the proposal by the state's high-powered committee for reviving the project and that of the ad-hoc committees were discussed and compared.

"The Chief Minister agreed that our proposal has more merits than what the state has recommended.

"We are in the process of firming up details pertaining to our counter-proposal. This should be ready within a month and we'll meet with him again then," he said yesterday.

Lim declined to provide details on the counter-proposal as they had yet to be finalised.

He was responding to a statement by Paya Terubong assemblyman Dr Loh Hock Hun that buyers were unhappy with the "all talk and no action" attitude of the high-powered committee.

Dr Loh said buyers claimed they had not been informed of any new developments by the committee since Dr Koh, who is committee chairman, met with them on May 27.

At the May 27 forum, Dr Koh said the state government could build the RM1.5mil retaining wall along Jalan Paya Terubong as part of the road-widening project there.

With this, he said, if buyers were willing to pay some RM5,000 each, construction could start again once a new developer took over, pending the winding up of Majestic Heights Sdn Bhd, the original developer.

Dr Loh, however, said not many buyers were willing to pay the additional RM5,000, especially when there was no assurance that the project would be completed through this process.

In earlier reports, Lim had said it would cost buyers about RM10,000 each to complete the project on their own and 48 banks had agreed in principle at a meeting in September to extend the additional financing needed.

On June 11, the hearing of a petition by 545 buyers to wind up Majestic Heights was postponed to Sept 24.

 

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