News & Articles Housing Developers Reminded Of Commitment To Complete Projects
Housing Developers Reminded Of Commitment To Complete Projects
19 Apr 2015
"LAHAD DATU, April 19 (Bernama) -- Housing developers have been reminded of their commitment to complete projects entrusted to them.
Sabah Local Government and Housing Minister Datuk Seri Hajiji Mohd Noor said the developers' failure would translate into losses for stakeholders.
""Housing developers must ensure that projects under them do not encounter problems that would lead to abandoned projects, creating losses for many parties,"" he said.
He said this is at the handing over of house keys at Taman Khazanah Indah in Jalan Tungku near here, Sunday.
Hajiji said providing quality and affordable homes for the Malaysian population particularly the lower income group was part of the government's social agenda.
""These housing facilities would hopefully enable the target group to live in a conducive and safe environment,"" he said.
Hajiji said the ministry completed Taman Khazanah Indah, which was an abandoned project, with the cooperation of Khazanah Jaya Sdn Bhd.
""Syarikat Perumahan Negara Berhad initiated the project in 2007 and appointed a contractor.
""Unfortunately, the project was halted in 2009 due to numerous problems. The ministry studied the situation and decided to rehabilitate it.
""Construction was revived in 2012 and 282 housing units were completed in March this year,"" he said.
-- BERNAMA"
Sabah Local Government and Housing Minister Datuk Seri Hajiji Mohd Noor said the developers' failure would translate into losses for stakeholders.
""Housing developers must ensure that projects under them do not encounter problems that would lead to abandoned projects, creating losses for many parties,"" he said.
He said this is at the handing over of house keys at Taman Khazanah Indah in Jalan Tungku near here, Sunday.
Hajiji said providing quality and affordable homes for the Malaysian population particularly the lower income group was part of the government's social agenda.
""These housing facilities would hopefully enable the target group to live in a conducive and safe environment,"" he said.
Hajiji said the ministry completed Taman Khazanah Indah, which was an abandoned project, with the cooperation of Khazanah Jaya Sdn Bhd.
""Syarikat Perumahan Negara Berhad initiated the project in 2007 and appointed a contractor.
""Unfortunately, the project was halted in 2009 due to numerous problems. The ministry studied the situation and decided to rehabilitate it.
""Construction was revived in 2012 and 282 housing units were completed in March this year,"" he said.
-- BERNAMA"
Source: Bernama