Broken promises and
07/07/2007 NST Letters-to-Editor By Norhidayah Yeoh Abdullah, Kuala Lumpur
I refer to the Viewpoint from the
immediate past president of the Real Estate and Housing Developers'
Association (Rehda) ("Far from being rotten", NST-Property, June 23).
The Sell-Then-Build (STB) method
of housing delivery is not only rotten but one that really hurts and causes
misery to the helpless, innocent, honest house buyers and their families.
Broken promises and breaches of
contract have turned dreams into devastating nightmares. I am not proud to
admit it, but I am an unfortunate member of this group of disillusioned
Although the writer said there
are only a small number of errant developers in the country, the reality is
that even if one abandons a project, the number of aggrieved purchasers can
range from hundreds to thousands.
And this number will definitely
grow, for there will be irresponsible developers as long as STB is allowed
and the Ministry of Housing and Local Government does not invoke the powers
it has to address the problem.
My personal experience of paying
thousands of hard earned ringgit 11 years ago to buy a medium-cost
condominium in Sentul, Kuala Lumpur, has turned me from one who believed in
the government's promise of basic shelter for all citizens into a sceptical,
When a developer fails to
deliver, buyers not only have to service bank loans but also bear the burden
of paying rent for the houses they have to tenant.
This has landed many in severe
financial difficulties, and forced some to even to an an "Ah Long" for
In one instance, over 100 buyers
took legal action against a developer and although judgment was obtained
against it, it could be enforced as the developer subsequently filed for
protection. There is no justice in the STB method.
Without the Build-Then-Sell
method, this scenario will not change.
The numbers of honest citizens
being cheated of their hard-earned money will continue to grow.
Is this what the government wants
as it works towards making the country a developed nation by 2020?