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The government has officially committed to the transition toward a built then sell system for new housing developments. This shift acknowledges the immense financial burden placed on families and ensures that future projects prioritize stability over developer risk. We will remain observant as these new policies take shape to ensure …

September 2, 2009

Implement Built Then Sell Housing Scheme

Implement Built Then Sell Housing Scheme

🏆 Won — 199 supporters Verified

Final supporters

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CHAN
M
Mahfudzah
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safwan s.
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Sipho P.
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Zainazad O.
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Someone
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Someone
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Someone
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KOK C.
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fong s.
+189 more
Started by Anonymous 17 years, 4 months ago
1. We, the citizen of Malaysia, demands that a. The Malaysian Federal Government and the Various State Government to recognize and accept that: 1) The house buyers are the actual victims whenever a housing development is abandoned 2) An abandoned housing project has tremendous implications in terms of financial and emotional trauma to the purchasers 3) The failure of housing projects is mostly attributed to the failure of the developer to manage their own financial and project management properly and is not the fault of the purchasers. b. The Built and Sell system to be implemented immediately without any further delay. c. The Government forms a special purpose vehicle which equipped with the necessary laws and powers to rehabilitate the abandoned housing projects with immediate effect. Petition Organize by Persatuan Pemilik Hartanah Ukay Bistari (PHUKB) www.phukb.wordpress.com

Updates

Reached 100 supporters

June 21, 2009

6 Comments

A
Aziz Nkemelu
17 years ago Featured

my parents lost so much money on a project that just stopped midway. it is a nightmare seeing your savings vanish while the developer walks away free. please fix this system.

J
Jason Marshall
17 years ago Featured

Too many abandoned projects everywhere. Developers take the cash and disappear leaving us with nothing but concrete frames. Government needs to step in now.

S
Siti Morgan
17 years ago Featured

BUILT THEN SELL IS THE ONLY WAY. no more risk for the regular people who just want a roof over their heads.

K
Kumar Walton
17 years ago Featured

this has been going on for years. enough is enough. change the law already.

W
Wei Greer
17 years ago Featured

my cousin is still paying for a place that has been a ghost site since 2012. it is honestly heartbreaking how the developers get away with this.

N
Nur Reynolds
17 years ago Featured

It is so unfair that we have to pay bank loans for a house that was never finished. stop protecting the big developers at our expense.