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Abandoned project in Klang revived
06/01/2006 Business Times

FRUSTRATED house owners of an abandoned project in Klang are finally able to move into their homes after waiting for 20 long years.

Syarikat Perumahan Negara Bhd (SPNB), a wholly-owned subsidiary of the Minister of Finance Inc, was tasked to revitalise the project, which was first launched in 1983 but abandoned by its financially-troubled developer two years later.

Developed on a 0.52ha freehold site, the Taman Sungai Pinang project consists of 29 residential units, of which SPNB is responsible for rehabilitating 17 as these owners have already received the titles.

SPNB chairman Datuk Seri Tengku Adnan Tengku Mansor said the company will continue to speed up reviving works to help the Government rectify stalled housing projects in the country.

In Selangor, it is currently reviving three stalled projects including Taman Kantan Permai Phase I in Kajang, Bandar Pinggiran Subang in Shah Alam and Taman Desaria in Petaling Jaya.

Other ongoing reviving efforts comprise 176 abandoned housing projects as instructed by the Ministry of Housing and Local Government. These projects are worth RM4.3 billion

 

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