Still no home
after waiting 10 years
13/04/2004 The Star
BUSINESSMAN Sharidan Omar and his five children
have been looking forward to to the completion of their new home in
Bayan Lepas, Penang, since 10 years ago.
But they had waited in vain as the Sri Bayu housing project was
abandoned following financial and management problems faced by the
Sharidan, 42, said he felt cheated as the project had not been
completed although three developers tried reviving it since it was
first launched in 1993.
“None of the efforts to revive the project was successful,'' he
“The past 10 years had been difficult for me. With my low income, I
have to pay the house rental and the housing loan which I took to
buy this unit,” he said.
gathering outside the housing project.
Sharidan was among some 300 housebuyers who attended a meeting to
hand over a memorandum to Prime Minister Datuk Seri Abdullah Ahmad
Badawi through Bayan Lepas assemblyman Syed Ameruddin Syed Ahmad at
the Cultural Hall in Kampung Seronok on Sunday.
Another affected houseowner is laboratory assistant Embun Said, 37,
who bought a unit in 1999 when the first attempt to revive the
project was made.
Embun said she thought the problems were finally over and was early
waiting to own a place of her own after having stayed in a rented
home for more than five years.
“It is not fair that the buyers, who are mostly poor people, should
be the victims,'' she said.
Syed Ameruddin said the housing project comprising 234 low-cost and
496 medium-cost units had not been completed due to various
“internal and external” problems faced by all three developers.
He said 730 Malay families were affected with nearly 25% of them not
being able to repay their bank instalments.
“Most are from the low income group. They have always wanted to own
a house and this project turned out to be a big let-down,” he said,
adding that he would help the buyers bring the matter to the
Syed Ameruddin said the buyers had also formed a committee to revive
the project, which was nearly 90% completed.