RM121bil housing projects revived


PUTRAJAYA: The Sick and Aban­doned Private Housing Project Task Force (TFST) has recorded significant achievements by revi­ving 1,260 private housing projects involving 150,968 units with a gross development value (GDV) of RM121.44bil.

Deputy Housing and Local Gov­ernment Minister Datuk Aiman Athirah Sabu said for this year alone, 325 sick and delayed housing projects involving 36,922 units with a GDV of RM28.85bil have been revived.

“In addition, eight abandoned housing projects involving 1,299 housing units with a GDV of RM109.05mil were also fully resolved.

“This was made possible either through project completion up to obtaining the Certificate of Com­pletion and Compliance or via other agreed settlement methods,” she said in a statement after chairing the TFST meeting yesterday, Bernama reported.

She said as of Aug 31, TFST recorded 144 private housing projects with delayed status, 345 sick projects and 108 abandoned projects nationwide.

These figures, Aiman Athirah said, reflected positive development with sick projects reduced from 360 as of June 30 to 345, delayed projects falling to 144 compared with 233 previously, and abandoned projects dropping slightly from 109 to 108.

According to her, this proves the effectiveness of TFST’s app­roach, which focuses on assessing the current status and implemen­ting effective intervention measu­res to revive problematic projects nationwide.

To ensure close monitoring, the deputy minister said TFST also conducted regular site visits with 34 projects inspected last year and 26 projects visited from Jan 1 to Aug 31 this year.

Aiman Athirah said the achievement was the result of close cooperation between TFST, local authorities, technical agencies, and utility providers, all of whom played an important role in ensuring the smooth recovery process.

She said TFST would continue to serve as the main platform in tackling problematic housing projects by proposing practical and effective solutions.

“The effort is in line with the target to achieve zero abandoned projects by 2030.

“Our commitment is clear – to carry out stricter monitoring, strengthen strategic cooperation with stakeholders and implement appropriate interventions so that projects can be completed on sche­dule,” she said.

Aiman Athirah added that the integrated effort would ensure the rights and interests of homebuyers were always protected while also enhancing public confidence in the government’s ability to address the issue of abandoned private housing projects.

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