Developers told not to renege
01/05/2006 The Star
SOME 46 abandoned housing projects were reported in Negri Sembilan up to
March this year, causing problems to the state government.
When revealing this, State Housing and Local Government committee chairman
Datuk Woo Ah Lek said the state government had to waste resources and funds
to aid purchasers.
“The onus on finding the right solutions will be on the state government,
while in most of the cases, the developers go missing once their endeavour
fails,” he said after launching the Real Estate and Housing Developer's
Association (REDHA) Negri Sembilan Chapter's property expo at Seremban
Parade on Friday.
The expo saw the participation of 25 developers who offered 2,000 properties
worth almost RM4mil for sale.
Masuda Corporation, the developer of Pulai Impian, was among the
participants to offer buyers perks like free sale and purchase legal fees.
Woo said to alleviate the purchasers' burden, the state government had
prepared a complete list of abandoned projects to be handed over to the
“Hopefully, with the intervention of our Federal counterpart, these projects
could be revived,” he said.
Woo said it is vital for developers to uphold their integrity and
He said developers should not renege on their pledges after selling a
“Sometimes, brochures are elaborated just to woo buyers when soliciting for
sales but, in reality, it is a different scenario,” he added.