Reviving ‘sick’ housing projects Selangor to meet banks and developers
The Star 17/10/2005

SHAH ALAM: The state government will call for meetings with banks and developers of abandoned housing projects to find ways to solve the problem.

The meetings will be held after the state government has perused a report on the 56 abandoned projects now being compiled by the Selangor Housing and Property Board, said state exco for local government, housing and squatters Datuk Mohd Mokhtar Ahmad Dahlan.

He said the report, which is to be completed in a month's time, would cover projects in four districts – Selayang, Gombak, Petaling Jaya and Kajang.

Most of the projects were abandoned because the developers ran out of money and lacked expertise, he said after presenting Hari Raya Aidilfitri contributions totalling RM70,000 to 450 senior citizens, orphans and single mothers yesterday.

The recipients at the event organised by the Umno Subang division were chosen by the MCA and MIC Subang divisions.

Umno members distributed the eight pots of bubur lambuk they prepared to those present.

“There should be co-operation between the banks, developers and buyers to solve the abandoned housing projects problem,” Mohd Mokhtar said.

He also said Syarikat Perumahan Negara Bhd (SPNB), the national housing corporation, and the Selangor State Development Corporation (PKNS) had agreed to take over some of the abandoned projects to help revive them.

He said SPNB had taken over five projects while PKNS had agreed to take over several others by introducing the “build and sell” concept.

“With the implementation of this concept, there will be fewer cases of house buyers being cheated and we hope this concept will be adopted by others,” he said. – Bernama