Perak MB: State govt to check developers' track record to avoid abandoned projects

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Perak MB: State govt to check developers' track record to avoid abandoned projects
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IPOH, May 6 — The state government will look at the track record of the owner of a development company before approving any house construction projects to avoid the occurrence of...

IPOH, May 6 — The state government will look at the track record of the owner of a development company before approving any house construction projects to avoid the occurrence of abandoned projects in Perak.

“To avoid the same problem from recurring, I’m made to understand that a special will be set up by the Ministry of Local Government Development. Meanwhile, chief executive officer of MK Land Holdings Berhad Datuk Faris Yahaya said the gross development value of MK Land’s three main projects in Meru Perdana, Meru Perdana 2 and Klebang Putra is approximately RM1 billion.On the Carnelian 2 housing project, he said that besides residential units, it will be equipped with facilities such as a club house, multipurpose hall, swimming pool, school, mosque, recreation area and commercial centre.

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