KPKT resolves 1,647 sick, abandoned housing projects worth RM153 billion, says Nga
Housing Minister Nga Kor Ming announced that KPKT has resolved 1,647 abandoned housing projects. The projects were worth RM153 billion. KPKT aims for zero abandoned projects by 2030.
What it means for buyers, tenants and investorsBuyers of previously abandoned projects can check the status of their developments to see if they are among those resolved by KPKT.
What it means for Japanese buyers
KPKT resolved 1,647 abandoned housing projects worth RM153 billion.
This affects buyers and tenants of these projects nationwide.
Buyers should check with the developer for project status.
Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.
Key facts
| Areas | Nationwide |
|---|---|
| Section | Policy & regulation |
| Date | |
| Source | The Sun ↗ |
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