Second chance for stalled homes


PETALING JAYA: The Housing and Local Government Ministry has implemented several recovery mechanisms to address abandoned housing projects, including direct mediation with buyers and developers, project completion strategies and the ­utilisation of public funds for selected developments.

The ministry said it facilitates negotiations between affected purchasers and developers or appointed liquidators on reimbursement terms.

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Abandoned housing , KPKT , Selangor , Fomca , Buyer , Building

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