IPOH – The Local Government Development Ministry will scrutinise all sick and abandoned housing projects nationwide to ensure the welfare and rights of buyers are protected.
Minister Nga Kor Ming said it has established a special team led by his deputy Akmal Nasrullah Mohd Nasir, and a “war room” has been created in a recent meeting to monitor the projects involved.
“We will take steps to ensure that sick projects can be revived so that the welfare and rights of buyers are protected.
“The ministry has detected as many as 550 sick and abandoned projects across the country thus far, and we are in the process of identifying problems with developers and contractors,” he said at a press conference on the handover of keys of Kepayang Ipoh Residency units, which was also attended by the Perbadanan PR1MA Malaysia chief executive officer Datuk Seri Mohd Nazri Md Shariff here today.
Nga, who is also Kepayang assemblyman, said the Kepayang Ipoh Residency, which consists of 252 apartment units, is one of the sick projects that has been successfully revived and completed; it is also equipped with facilities such as a multipurpose hall, kindergarten, surau, nursery, and playground.
He said apart from Kepayang Residency, PR1MA also has 10 other projects in Perak, including Falim Residency, Kg Paloh Residency, Meru Residency, and Bandar Baru Setia Awan Perdana Residency.
“In the first 100 days, (my ministry) aims to complete nearly 5,000 units of affordable housing, including this residency, and several in other states. We are confident that we can complete these yet-to-be-completed projects in this period,” he said.
He said through agencies under the ministry to date, there are more than 90 affordable housing projects covering 40,000 housing units in Perak.
Earlier, there was also the signing of documents of understanding between PR1MA and Koperasi Co-opbank Pertama Malaysia Bhd for the CBP MyPR1MA Housing scheme, which provides home financing of up to 110%, with a rate as low as 3.85%, for property priced between RM 250,000 to RM 500,000 per unit.
The collaboration is part of efforts to support the ministry’s initiative under the Rumah Pertamaku scheme to facilitate housing financing for people in need, where qualified PR1MA homebuyers can own a home without having to make an advance payment, subject to terms and conditions. – Bernama, January 28, 2023
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