'Build and sell' idea in memorandum stage
NST 17/11/2005

HOUSE BUYERS are another step closer to buying homes under the "build and sell" concept.

A memorandum is currently being prepared by the Housing and Local Government Ministry for the Cabinet’s consideration.

Numerous discussions with key players in the housing sector had already been successfully completed, said Deputy Minister Datuk Azizah Mohd Dun.

"We have met house buyers’ and developers’ associations and relevant professional bodies. The memorandum is in its final stages".

The possibility of a "build and sell" concept was proposed in May 2004, by the Prime Minister.

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