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Learn from previous cases
15/02/2006 New Straits Times-Letters


I HAD always thought that people learn from mistakes but preferably from the mistakes of others. But Malaysian housebuyers are unable to learn from the past cases of abandoned projects where innocent people bought houses based on verbal promises of developers and signed sales and purchase agreements that are generally in favour of the developers with negligible protection for the buyers.

The remedy is simple: People should stop buying properties that are yet to be completed. Developers would then be forced to ensure completion before selling them and the problem would be solved.

Malaysians should stop depending on the Government, the legal/technical professionals and the honesty of the property developers to protect them. They should protect themselves instead of expecting others to protect them.

 

By GURSHARAN SINGH, Kuala Lumpur

 

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