To avoid future risks such as abandoned housing projects, homebuyers had been advised by Housing and Local Government Minister Zuraida Kamaruddin to understand the National Housing Policy, reported Bernama.
Drawn as a guide for developers and buyers, the policy applies only to housing projects built by the government and not by private developers, noted Zuraida.
“When there are new policies, developers and state governments must abide by the policies that have been set, and if they don’t, they will be held responsible for the purchase of the homes. We (the ministry) will not be responsible if there are problems with the buyers and residents,” she said after officiating the Teratak Le’Reen homestay in Seremban.
“All this while, if the houses are slow in completion or if there are problems, they (private house buyers) will go to the ministry to lodge a complaint, and this time, we will not be held responsible. If the developer fails to fulfil the sales-and-purchases agreement, then action can be taken.”
To be introduced in December, the National Housing Policy aims to provide comfortable and affordable homes to the M40 (medium-income) and B40 (lower-income) households.
Image sourced from The Edge Property
This article was edited by the editorial team of PropertyGuru. To contact them about this or other stories email editorialteam@propertyguru.com.my
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