of abandoned project
The Star By DHARMENDER SINGH
ACTION should be
taken against developers who abandon their projects due to
mismanagement, Serdang MP Datuk Yap Pian Hon said.
“There have been many such cases and these have
caused problems to buyers.
“Some people used their savings to buy houses only
to have the project abandoned but still have to pay interest on the
bank loans they took,” he said.
Yap said these buyers had to continue renting
houses, placing an additional burden on them.
Prinsiptek will have to siphon out water
from the underground car park at the abandoned project
in Serdang Perdana before work can resume.
He said the relevant government agencies should
conduct detailed investigations on all stalled projects and if a
developer was guilty of mismanaging the project, he should be held
This way, developers would take greater care in
managing their projects and protect the interest of buyers.
Yap was speaking to reporters after visiting an
abandoned shoplot, service and low-cost apartment project in Serdang
Perdana, Seri Kembangan, on Wednesday.
The project, which was abandoned in 2001, is being
revived by Prinsiptek (M) Sdn Bhd, which was appointed turnkey
contractor by Pengurusan Danaharta Bhd.
The project involves the construction of 1,708
shoplots and service apartments, 1,575 of which had already been
sold when the project was launched in 1997.
Also present during the visit were Seri Kembangan
assemblyman Datuk Liew Yuen Keong, Subang Jaya Municipal Council
(MPSJ) councillor Lee Tak San, Prinsiptek executive director Foo Chu
Pak and business development manager of the original developer,
Green Crescent Resources Sdn Bhd, Leow Cheng Keong.
Foo said the company were conducting checks on the
existing infrastructure to determine the amount of repairs needed
before construction could begin.
He said the company expected to complete the
shoplots by the end of next year while the apartments should be
ready by March 2006.
The low-cost units for which work has yet to
start, are expected to be complete by 2007.
Yap said he was glad to see the project finally
revived as many buyers had been waiting anxiously for their units to
He said the project was an eyesore as it was
visible from the KL-Seremban Highway and the Sungai Besi Highway and
located near the KLIA Express and KTM Komuter tracks.
Liew said the project was the only abandoned
project in Seri Kembangan and he was happy that the meetings to
resolve the problem had been successful.
About 1,000 buyers attended a meeting in February
and most of them agreed to have a new contractor take over the
Liew said the buyers were also fortunate because
they need not make additional payments.