pic by MUHD AMIN NAHARUL
A TOTAL of 79 private property projects involving 17,724 units have been classified as abandoned projects as of Sept 30 in the Peninsular, according to the Housing Development Act (Control and Licensing) 1966 [Act 118].
Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said all of the projects involved 11,824 buyers.
A bulk of the projects are located in Selangor where 33 projects or 10,974 units have been built with 6,308 sold.
“Among the methods taken by the ministry for recovery of the abandoned housing to lessen the burden on buyers include mediation as well as settlement agreement with the buyers by reselling the units to a liquidator,” he said in the Dewan Rakyat today as a response to a question from Machang MP Datuk Ahmad Jazlan Yaakub.