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Developers should deliver on promises

The Sun 11/10/2003

 

The Real Estate and Housing Developers Association's view that the "property market has yet to mature and demand for housing was still strong" (Sept 18) shoes it is not prepared to accept that the market environment is changing.

 

As the saying goes, all good things must come to an end.

 

Developers have enjoyed tremendous margins over the years and many did not give buyers what was rightfully due to them.

 

Complaints of shoddy workmanship, failure to deliver on time and refusing to pay compensation for late delivery are some of the most common grouses published in the print media.

 

The build and sell concept is very good and should be accepted by all. Why should the innocent buyer have to finance the building of the house he buys?

 

Another obvious advantage is that the potential client is able to view what he wants to buy, so sparing him the pain of finding himself short-changed.

 

Fairness, Kuala Lumpur

 

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