Right move
NST 26/06/2006

THE build-then-sell system is the only way houses should be sold.

House buyers will have to make a 10 per cent down payment and the remainder will be settled upon the completion of the house.

According to news report, the system will be reviewed after two years.

This is not good enough. The Government should be fully committed to the system by insisting that it will be the norm after two years as any problems with its implementation will have been worked out by then.

The Ministry of Housing and Local Government is fully aware of the problems faced by house buyers under the present "sell-then-build" system.

It announced in October last year that there were nearly 700 rogue housing developers detected in a nationwide crackdown.

Therefore, the ministry must be committed to replacing the present sell-then-build system with the build-then-sell system.

This system is what consumers need and want. It is the only way houses should be sold.

S.M. MOHAMED IDRIS, President, Consumers Association of Penang