Selangor Journal
Photo for illustration purposes only. — Picture via iSTOCK

KPKT revives over 10,000 private houses with over RM8 bln in GDV

KUALA LUMPUR, April 1 — The Housing and Local Government Ministry (KPKT) has successfully restored 10,560 private houses from 88 projects with a gross development value (GDV) of RM8.23 billion as of February this year.

Its deputy minister Datuk Aiman Athirah Sabu said that out of the 88 housing projects, 81 have received Certificates of Completion and Compliance (CCC), five with sick status have returned to normal, and two abandoned projects have been successfully revived.

“The two abandoned private housing projects that have been successfully completed are in Taman Daya, Kepong, Selangor, which obtained a Certificate of Occupancy (CFO), and Perpaduan Heights Phase One and Two in Kuala Pilah, Negeri Sembilan, which was implemented through the buyer settlement method by the state government,” she said.

Speaking at a press conference in the Parliament Building today, Athirah said that based on the available data as of February 29, KPKT has identified 230 delayed projects, 462 sick projects, and 115 abandoned projects with a RM201.75 billion GDV value.

“This value shows a reduction in the number of late, sick, and abandoned projects compared to the statistics on January 31,” she said.

In addition, KPKT is maintaining the Task Force on Private Housing and Abandoned Project (TFST) as one of its main agendas, with a more targeted and strategic focus.

“We have improved the existing TFST Terms of Reference, namely the Track, Resolve, Preventive, and Forward Modelling. TFST’s work in 2024 also includes steps to find solutions and improvements in governance efficiency through technology and amendments to existing legislation,” Athirah said.

TFST will also work and be active to ensure the projected private housing projects will conclude at the end of this year by reaching its target of 505 projects.

— Bernama

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