Buyers of Abandoned Property Project Seek Help

From: http://komunitikini.com/kl-selangor/property-buyers-of-abandoned-project-seek-help (accessed 20 October 2011)

Posted on October 7, 2011 by Leven Woon

The Bukit Beruntung Super Link once promoted by developers as a vibrant commercial center dubbed the “second Petaling Jaya”, remains incomplete after 14 years.

Ten of the property buyers, who came to Selangor Secretariat yesterday, requested the assistance of Menteri Besar Khalid Ibrahim to rehabilitate the construction of the incomplete buildings and to issue a certificate of fitness (CF) and provide water and electricity supply for the complete blocks.

It is understood that blocks A and B of the four-block project are near completion, however the remaining two blocks only show minor to no construction at all.

“But even the completed blocks have been subjected to vandalism, toilets and electric meters in my shop are totally damaged,” Vicky Lee, owned of a unit on the fourth-floor of Block A said.

Located at Serendah, Hulu Selangor, the project was branded by developer Talam Corp in 1997 as having close proximity to four universities and a hotel as well as being on the route of Kuala Lumpur – Genting Highlands.

Buyers said that RM288,000 was the minimal price for a ground floor unit, as for the top floor (forth), the price was set at RM39,000.

Talam, who promised to deliver the property by 2000, subsequently went into liquidation and abandoned the project.

In 2003, it was discovered that the land was converted from commercial to residential use.

Buyers said Selangor government met them four times since March 2008, but nothing has transpired from the meetings.

“The last meeting we had was a year ago, we hope they can look into our plight seriously and take real actions,” Lee said. (emphasis added).

2 responses to “Buyers of Abandoned Property Project Seek Help

  1. Why not contact the buyers and let us assist by contacting us directly. You have nothing to loose by trying to get things done properly. Provide your contact details and we will willingly help.

  2. What if the developer has no money at all to finance the rehabilitation cost? even after the liquidator has undertaken all reasonable steps – including public examination. The money in the Housing Development Account (HDA) may not enough to meet the cost.

    In the UK and Australia, there is Home Warranty Insurance to cover the cost of completion of the uncompleted building but not in Malaysia.

    Need preventive measures. Malaysia housing authority needs to pay heed this.

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