Selangor housing, building management and squatters committee chairman Iskandar Abdul Samad said only eight of them involving 2,710 units of various types were revived and completed.
“But it does not mean the remaining projects cannot be revived. We are studying the matter and looking at the best way to solve the problem,” he said.
The task force was chaired by Hulu Klang state assemblyman Saari Sungip with five consultant firms. The five consultant firms were Rimbun Capital Sdn Bhd, RSS-PMC Sdn Bhd, SSF Corporation Sdn Bhd, Crimson Landscape Sdn Bhd and SMY Capital Sdn Bhd.
The recovered projects include the mixed-development project in Taman Prima Selayang in Gombak involving a total of 110 commercial units, 600 apartments in Bandar Pinggiran Subang and 700 houses in Taman Puncak Jalil.
Iskandar added that one of the reasons some of the projects could not be revived was because no developer or contractors could be found to salvage the abandoned projects.
Some of them found the abandoned projects not viable.
“These are deficit projects, which have suffered lost.
“Most of these projects have been abandoned between 10 and 15 years and the original estimated cost of the project cannot cover the current construction cost,” he said.
Iskandar also added that some of the projects did not get the planning or development approval from the local authority or have broken some of the rules.
“There are also projects that were constructed on agricultural land and the developer did not change the land status for the development.
“Changing the land status will involve additional cost for the new developer,” he said.
He said the task force was in the process of tabulating the real cost involved for each project before taking the next step of reviving them.
“We have blacklisted 115 developers who were involved in the abandoned projects and the list is in our website and the public can find out who they are.
“We are also planning to include the names of the affected company directors in the list for possible legal action against them,” he said.
Meanwhile, in the Bukit Botak issue, Iskandar said the special committee set up to handle the case had started their investigation and was expected to be completed by Aug 18.
“The investigation was to make sure that the rightful person will have fair share of the land ownership.
“Those who are eligible need not worry about it,” he said.
By The Star
Posts
No comments:
Post a Comment