The Minister of Housing and Local Government Datuk Seri Reezal Merican Naina Merican said in a recent Parliament sitting that there were currently 79 abandoned housing projects involving 17,724 housing units in Peninsular Malaysia, affecting 11,824 buyers.
KUALA LUMPUR (Oct 7): Among the leading causes of abandoned projects in Peninsular Malaysia are weak financial positions of developers involved and weak project viability, said Housing and Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina Merican (pictured).
PETALING JAYA (Aug 28): There is a potential rise in abandoned projects as the Covid-19 pandemic drags on with high daily cases.
JOHOR BAHRU (July 29): With more new malls opening, coupled with weak market conditions, the hope of abandoned malls in the capital city of the southern region to attract white knights to rescue them seems even harder reported The Star.
KUALA LUMPUR (Nov 6): The government has announced that the stamp duty exemption on loan agreements and instruments of transfer given to rescuing contractors and the original house purchasers will be extended for another five years.
GEORGE TOWN (Aug 21): Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported yesterday.
KUALA LUMPUR (April 3): An Ipoh man has been hailed by social media users for saving an abandoned dog that was found with a note attached around its neck, the Malay Mail reported yesterday.
PETALING JAYA (March 4): Private buildings in Selangor which suffer from poor conditions due to lack of funds may receive some help from the state government.