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Housing Developer Supports Abdullah's Build-And-Sell Call
30/08/2004 Bernama.com

KOTA BAHARU, Aug 30 (Bernama) -- The call made by Prime Minister Datuk Seri Abdullah Ahmad Badawi to housing developers to build the properties first and then sell, should be made the model concept to convince house buyers in the future.

Ghazali Daud, general manager of Syarikat Sentosa Jaya Sdn Bhd (SJSB), which is Kelantan's largest bumiputera housing developer, said the concept was good as it would reduce the uncertainties faced by house buyers due to irresponsible housing developers.

"If that is what the government wants, then I support the call as it would assure us of house buyers," he told Bernama when met at his office here Monday.

Abdullah last Thursday had suggested that the concept of building and then selling, be adopted in order to relieve housebuyer’s burden of having to make their monthly loan repayments to the bank when their bought houses are not even ready.

Ghazali said the practice of abdicating the responsibility of providing a completed house to owners who have already paid for their houses, was bad and that developers would have to find a way to solve the problem.

He said the company too had adopted the concept of build and sell several years back to convince house buyers to buy their properties from them.

He said his company developed about 600 units of various categories of houses yearly in Kelantan, Selangor, Terengganu, Pahang and Negeri Sembilan.

-- BERNAMA
 

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National House Buyers Association (HBA)

No, 31, Level 3, Jalan Barat, Off Jalan Imbi, 55100, Kuala Lumpur, Malaysia
Tel: 03-21422225 | 012-3345 676 Fax: 03-22601803 Email: info@hba.org.my

© 2001-2009, National House Buyers Association of Malaysia. All Rights Reserved. 

 

Main   Forum  FAQ  Useful Links  Sample Letters  Tribunal  

National House Buyers Association (HBA)

No, 31, Level 3, Jalan Barat, Off Jalan Imbi, 55100, Kuala Lumpur, Malaysia
Tel: 03-21422225 | 012-3345 676 Fax: 03-22601803 Email: info@hba.org.my

© 2001-2009, National House Buyers Association of Malaysia. All Rights Reserved.