IPOH: Some 50 buyers of shoplots met up at a project site here to demand immediate delivery of their investments.  

It has been 10 years since they inked the sale and purchase agreement but they have yet to take delivery of their double-storey shoplot units situated in the city. 

Perak MCA Public Services and Complaints Bureau deputy chief Datuk Lee Kon Yin said he had met the developer but failed to get any response. 

“We urge the developer to be fair to the buyers. Please complete the units and hand them over to them,” he said after he and Sungai Rapat Assemblyman Hamidah Osman met some of the buyers yesterday. 

“The buyers have paid a lot of money for the past 10 years and they are still servicing the loans,” he said.  

One of those affected, pensioner Lau Heng Leng, 57, said he had invested all his savings of RM90,000 on the unit and the bank was chasing him to pay up his loan. 

“I met the developer and he agreed to buy back the unit. But the transfer has not been done, and the bank is still chasing me for the loan,” he said. 

Tailor Ching Chee Wan, 67, said she is paying RM1,045 a month for a unit she bought at RM193,000. 

She is still unable to move into the unit to start her tailoring business. 

General manager Richard Chan, from Kuala Lumpur, placed RM120,000 as deposit for two double-storey shop-lots. 

Over the years, he said he has paid a total of RM90,000 in interest on the bank loans for the two units. 

The buyers had signed a sale and purchase agreement in November 1996 for the units, which were to be completed within 33 months. 

In May, a spokesman for the developer’s office was quoted as saying that the 230 units of shoplots were not abandoned and that they were almost completed. 

Chan said the buyers had formed a committee to help resolve the matter. 

Other affected buyers could contact some of the members at 016-5311979 or 012-3313300.