housing projects to be revived
15/07/2004 Malay Mail
PENANG: Good news for
thousands of low-cost housebuyers who are in a dilemma after the
housing projects were abandoned by the developers.
The State Exco in charge of Housing, Culture, Arts
and Heritage, Syed Amerrudin Syed Ahmad, said 10 of such projects
would be revived.
"Other abandoned projects in the State with few or
no low-cost houses are to be identified by the respective State
Assemblymen for the State Government to look into," he said
He said of the 10 identified projects, the Sri
Bayu lowcost apartment
project in Bayan Lepas was now being revived.
"We thank the project's former main contractor,
Public Packages Holding Berhad (PPH), for backing out of a
long-standing legal tussle in the name of public interest so that
the Sri Bayu project can be continued," he said.
He said a recent court order resulted in Syarikat
Berhad (SPNB) being allowed to complete the project.
Following this, the 730 housebuyers are expected
to be able to move into their new units in time for Hari Raya later
"After Sri Bayu, we are concentrating on the Taman
project in southern Seberang Prai," he said.
He added that the project, abandoned since 1997,
consisted of 637 low-cost houses, 355 and 490 units of two-storey
and single-storey terrace houses, 50 medium-cost and 87 high-cost