The ad-hoc committees for purchasers of the problematic Taman Terubong
Indah (Majestic Heights) project in Paya Terubong are adamant that buyers
will be best served if they complete the units on their own.
Phase I committee chairman Lim Beng Hong said the committees met with
Chief Minister Tan Sri Dr Koh Tsu Koon on the matter on June 8.
At the meeting, he said, the proposal by the state's high-powered
committee for reviving the project and that of the ad-hoc committees were
discussed and compared.
"The Chief Minister agreed that our proposal has more merits than what
the state has recommended.
"We are in the process of firming up details pertaining to our
counter-proposal. This should be ready within a month and we'll meet with
him again then," he said yesterday.
Lim declined to provide details on the counter-proposal as they had yet
to be finalised.
He was responding to a statement by Paya Terubong assemblyman Dr Loh
Hock Hun that buyers were unhappy with the "all talk and no action"
attitude of the high-powered committee.
Dr Loh said buyers claimed they had not been informed of any new
developments by the committee since Dr Koh, who is committee chairman, met
with them on May 27.
At the May 27 forum, Dr Koh said the state government could build the
RM1.5mil retaining wall along Jalan Paya Terubong as part of the
road-widening project there.
With this, he said, if buyers were willing to pay some RM5,000 each,
construction could start again once a new developer took over, pending the
winding up of Majestic Heights Sdn Bhd, the original developer.
Dr Loh, however, said not many buyers were willing to pay the
additional RM5,000, especially when there was no assurance that the
project would be completed through this process.
In earlier reports, Lim had said it would cost buyers about RM10,000
each to complete the project on their own and 48 banks had agreed in
principle at a meeting in September to extend the additional financing
needed.
On June 11, the hearing of a petition by 545 buyers to wind up Majestic
Heights was postponed to Sept 24.