SHAH ALAM, Nov 15 — Subang Jaya state assemblyman Michelle Ng Mei Sze proposed a housing sales reporting system be created between the Selangor Housing and Property Board (LPHS) and housing developers to avoid scams in selling Bumiputera lots to non-Bumiputeras.
She said the system practised in Singapore should be adopted as there have been reports alleging that non-Bumiputera buyers who purchased Bumiputera lots had to pay penalties as they were deceived by developers who did not disclose the lots’ true status during the sale.
“The state government has to look into the existing system and make some improvements to protect housebuyers,” Ng said when debating the Supply Enactment Bill at the State Legislative Assembly sitting today.
The reports should include information like each unit’s price, units with Bumiputera status, lots that have been sold, and details of the buyers of those lots to avoid issues of selling Bumiputera lots to non-Bumiputeras.
Adding that the proposed system ought to be updated weekly by developers, she said LPHS should also require developers to provide a bank guarantee, which can be forfeited if the developer sells Bumiputera lots to non-Bumiputeras without proper authorisation.
Laws should also be amended to allow the state government to claim damages from the directors of the developing companies or the parent companies.
Ng also proposed that developers, their parent companies, and the directors of companies found selling Bumiputera lots to non-Bumiputeras be blacklisted and all development projects associated with them not be approved by any local authorities.
— Bernama
