RM3.5m still owed to sub-contractors
29/02/2004 The Star By Siow Yuen ChingTHE delay by 334 flat purchasers in paying their RM7,500
revival fee for the Taman Terubong Jaya Indah (Majestic Heights)
Phase 1 project has resulted in an outstanding amount of RM3.5m owed
to sub-contractors.
Project liquidator Deloitte KassimChan project management advisor
Tey Kim Chaw said although Occupational Certificate (OC) was
obtained last month, about 21% of the 1,557 purchasers had yet to
pay the fees.
As a result, all sub-contractors, including those involved in
electrical wiring, lifts, fire fighting and rectification work, had
yet to receive their full payment, he said.
“So far, we have collected RM7.7mil of the total RM11.5mil
revival fee,” he said recently.
Tey was speaking to reporters during a visit by Paya Terubong
assemblyman Datuk Dr Loh Hock Hun following media reports quoting
DAP Socialist Youth legal bureau chief Yeoh Soon Hin as saying that
the lifts at the nine blocks were not completed.
Tey said although the lifts had been completed, one of the
sub-contractors, Northern Elevator Manufacturing Sdn Bhd, did not
operate the lifts due to the outstanding amount owed to the company.
“However, we have discussed the matter and the lifts will be
fully operational when the buyers move in,” he added.
Loh urged purchasers who have yet to settle the revival fees to
immediately pay up so that they can move into their new homes
without delay.
He added that all flat purchasers should now wait for a letter
from the project management office informing them to collect their
keys and application forms for electricity and water supply.
“The purchasers should not be unduly worried as all the
facilities, including the lifts, will be operational when they move
in,” he said.
Management Committee chairman P. L. Chang said purchasers would
have to pay an additional RM1,500 covering quit rent, management
fee, security charges, assessment fee and upgrading works before
they could move into their units.
“These additional charges will be stated in the letters to the
purchasers,” he said.
The Majestic Heights project, consisting of 2,955 housing units
(grouped under Phases 1, 2A, 2B and 3A), 55 shoplots and 22 light
industrial units, hit a snag after developer Majestic Heights Sdn
Bhd faced financial and management problems in 1998.
The Housing and Local Government Minister then invoked Section
11(1)(d) of the Housing Developers’ (Control and Licensing) Act 1966
which directed the developer to wind-up the company.
In 2001, 545 buyers of Phase 1 apartments appointed liquidator
Deloitte Kassim Chan after the developer agreed to a winding-up
order filed in the High Court.
The project was finally revived in 2002 and all the purchasers
were asked to pay an additional RM7,500 each to complete Phase 1.