Property News

Housing ministry to focus on abandoned housing projects, ready for stakeholder collaboration

KUALA LUMPUR (May 30): The government said it will prioritise addressing the issue of unlicensed abandoned private housing projects, including by collaborating with stakeholders.
According to Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu (pictured speaking), there are 175 unlicensed abandoned private housing projects remaining in Peninsular Malaysia.
Aiman said the ministry is committed to continuing the agenda of the task force on sick and abandoned private housing projects (TFST), specifically targeting unlicensed abandoned private housing projects.
“[The ministry] is ready to collaborate with relevant stakeholders and remains committed to addressing the issue of sick and abandoned private housing projects across the country,” she said in a statement on Thursday.
Unlicensed private housing projects are those developed without obtaining an advertising permit and developer’s licence from the National Housing Department.
Meanwhile, Aiman said that in the first four years of 2024, the ministry has successfully rehabilitated 20,489 private housing units across 177 projects, with a gross development value (GDV) of RM14.89 billion.
These projects include 163 that obtained certificates of completion and compliance (CCC), 11 projects that transitioned from “sick” status to “progressing smoothly”, and three abandoned projects.
“Up to April 30, TFST identified 205 delayed private housing projects and 438 sick private housing projects, while the number of abandoned private housing projects remained at 115, with a combined GDV of RM189.67 billion,” Aiman said.
While statistics on sick, delayed, and abandoned private housing projects are dynamic, she emphasised that they are steadily decreasing.
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Source: EdgeProp.my