New developer for
02/07/2004 The Star By K. ANURADHA
THE abandoned Serdang Perdana Section 5 mixed development project
will no longer be an eyesore to the public as another developer is
This project, which is visible from the Seremban Kuala Lumpur
Expressway, has been abandoned for the past three years.
“The developer was in financial trouble, so in 2002 Danaharta
appointed an administrator to run this project,” said Seri Kembangan
assemblyman Datuk Liew Yuen Keong.
Last year, Liew, with the help of the Housing Ministry, brought in a
new developer to revive the project.
“We then had a meeting with ministry officials, the developer and
buyers of the 1,369 shop apartment units. That was in February this
year,” he said.
Liew said it was agreed at the meeting that the project would be
completed and handed over to buyers without any price increase and
the buyers in turn could not claim late delivery charges.
“The first batch of units should be completed by July 2005 and the
rest will be delivered by 2007, at the latest,” he added.
He said this was an encouraging development because firstly, it
could solve the problem of a large number of buyers and secondly,
this project was one of the very few that has been successfully