KUALA LUMPUR (Oct 14): A total of 1,726 housing developments have been revived by a task force for sick and abandoned projects at the end of August, the Ministry of Housing and Local Government reported.

Nearly 200,000 homes worth RM158.16 billion in gross development value have been completed, back on track, rehabilitated, or resolved through other means for the benefit of buyers, Minister Nga Kor Ming told the Dewan Rakyat during an oral question-and-answer session on Wednesday.

In Kuala Lumpur, seven private projects remained abandoned as at Aug 31, with five in the planning stage, one undergoing rehabilitation and one classified as static, Nga noted.

The capital also had 12 sick housing projects involving 6,102 buyers. Rehabilitation efforts were ongoing through negotiations with various parties, the preparation of rehabilitation agreements and assessments of options for restarting projects. 

Completion timelines, however, would depend on progress and the resolution of issues affecting each development, Nga said. 

Meanwhile, Nga said the recovery of Residensi Wilayah Pangsapuri Salak Selatan remained subject to legal proceedings and the court's decision.

On Sept 30, a court sided with Potensi Mestika Construction Sdn Bhd in its claim to terminate the joint venture with Surrealist Communities (M) Sdn Bhd, which is currently under judicial management, citing the developer's failure to complete the project within the deadline.

Nga said the judicial managers from Baker Tilly Insolvency PLT had informed the ministry of their intention to appeal against the ruling.

"The ministry would continue to monitor the project and take appropriate action within its jurisdiction while considering the interests of existing housebuyers and the outcome of the court proceedings," he said.

The 1,120-unit Salak Selatan apartment project, overseen by the Federal Territories Department, was classified as a sick private housing project on Aug 22, 2021, when construction progress stood at 87.5%.

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