Step in the right direction
NST 14/06/2004

I SUPPORT the House Buyers Association’s view point (NST June 5). Indeed, the urgent need to address the perennial problem of abandoned housing projects is long overdue. Thousands of purchasers paid hard earned money for their dream homes, but their legitimate desires were shattered by unscrupulous developers. There are developers who have collected as much as 80 per cent of the purchase price and then abandon the project quoting cash flow problems as an excuse. Hence, the "build, then sell" concept is a step in the right direction.

At the same time, the "build, then sell" variant proposed by the House Buyers Association deserves consideration by the authorities because it is aimed at safeguarding buyers and developers.

Now as regards to the many abandoned housing projects, the Minister of Housing and Local Government must take action against errant developers without fear or favour.

S.R. NATHAN
Petaling Jaya