From: http://thestar.com.my/news/story.asp?file=/2011/11/25/focus/9972925&sec=focus (Accessed 25 November 2011)
Friday November 25, 2011
FINALLY, we can see the light at the end of the tunnel. The Housing Ministry is getting the amendments to the Housing Development Act tabled at the present sitting of Parliament.
As at Nov 15, the Housing Minister reported that 4,703 directors of housing development companies and 1,308 developers had been blacklisted.
Multiplied by the hundreds or thousands of houses per project, it means tens of thousands of Malaysians are suffering in silence at not getting their dream homes.
Many have taken bank loans for their uncompleted houses and face the risk of being declared bankrupt.
Although this move is laudable, I tend to agree with Chang Kim Loong, secretary of the National Housebuyers Association, that we must not let “the old criminals” get away scot-free.
Blacklisting is not enough! They must be penalised for creating untold hardship for genuine buyers.
If we only charge new developers with effect from March next year, we are in fact giving a new lease of life to some crooks who have abandoned their projects.
The Government must ensure that no “old criminal” is allowed to start new projects under different names or under the names of other members of the family.
They must be made to pay for their crimes and for the untold suffering they have caused.
I booked a house in Bandar Baru Salak Tinggi, Sepang, Selangor in 1998 and the project has been abandoned.
My pleas have fallen on deaf ears.
Even the accounting firm that has been appointed liquidators is dragging its feet on the matter and refuses to reply to my queries.
I congratulate the Housing Ministry for taking action to rid the country of “criminals’ in the housing industry.