RM3.8bil worth of unsold property
The Star 19/11/2002
JOHOR BARU: A total of RM3.8bil worth of property was unsold since August,
said state Housing Committee chairman Samat Aripin.
Out of the total of 15,925 housing units, he said, 10,827 units were
property worth more than RM150,000 each, mainly in Kangkar Pulai and Taman
Desa Tebrau here.
The remaining were 4,425 units of condominiums and apartments worth nearly
RM1mil each and 673 units of low and medium cost houses costing between
RM50,000 and RM80,000 per unit.
He said there were also 1,523 units of shophouses, 140 industrial lots and
18,000 sq ft of office space that were unsold.
''Despite efforts and campaigns carried out to sell the property, response
from buyers is poor,'' he said after the state assembly sitting here
yesterday.
Citing an example, Samat said a housing developer could only complete
about 1,470 units of houses out of the 8,335 units since early this year
after facing financial and labour constraints.
''We have also stopped the building of condominiums and apartments costing
nearly RM1mil each unit as it was not practical during current market
trend,'' he said.
At the assembly sitting, Freddie Long Hoo Hin (BN – Stulang) said ongoing
training for English teachers had to be provided to enable them to master
the language more effectively.
''There is no short cut in learning the language,'' he said. |
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