![[X] Zulaikha Farhana](/_ipx/q_80&s_60x60/https://cdn.newswav.com/ugc-assets/31-1700639405060-1942-1700556722855-WhatsApp-Image-2023-11-20-at-5.33.07-PM.jpeg)
The Housing and Local Government Ministry remains dedicated to assisting the developers of Hektar Gombak Residency in securing the necessary funding to bring their affordable housing project to completion, despite its current 'sick' status. Deputy Minister Datuk Aiman Athirah Sabu emphasized that the developers must adhere to financial institutions' conditions for loan approval.
In a statement released today, Aiman Athirah acknowledged that financial issues have caused delays in the project's progress. Hektar Gombak Residency has been categorized as a 'sick' project due to deviations from the Sale and Purchase Agreement (SPA) work schedule and failure to meet the agreed-upon deadline.
"The on-site progress stands at 84.75 percent, with minimal and unsatisfactory advancements," she highlighted.
Aiman Athirah revealed that the Task Force on Private Housing and Abandoned Projects (TFST) has actively engaged with the developers, conducting on-site visits to address the challenges faced by the project. As a positive step, TFST has successfully resolved technical issues related to the Integrated Water Supply Scheme (IWSS), Sewage Treatment Plant (STP), and pipe installation of Greater KL (GKL).
Expressing concern for homebuyers affected by the project's delays, Aiman Athirah stated, “KPKT is prepared to explore alternative solutions to revive ailing housing projects, particularly those aimed at providing affordable homes. Our goal is to alleviate the financial burden on homebuyers who must bear housing financing costs while waiting for their new homes.”
Highlighting KPKT's commitment to its national agenda, Aiman Athirah stressed that TFST will continue efforts to assist troubled private housing projects, whether delayed, sick, or abandoned. The focus remains on safeguarding the interests of homebuyers and reducing the overall burden on the public, ensuring the sustainability of the affordable housing industry.
The Hektar Gombak Residency project, situated on Jalan Gombak, Setapak, encompasses a mixed development featuring five 46-storey apartment blocks and 2,400 housing units. Reports indicate that unit buyers have expressed frustration over the prolonged delays in the project's completion.
As the Hektar Gombak Residency project grapples with its 'sick' status, unit buyers have voiced their frustration over the prolonged delays. The government's commitment to addressing the financial hurdles and revitalizing the project is welcomed news, but concerns linger among those eagerly awaiting their new homes.
The challenges faced by the project are not unique, as delays and financial constraints have become common issues in the affordable housing sector. The Deputy Minister's assurance that the Housing and Local Government Ministry is actively involved in resolving these challenges is a positive step toward instilling confidence in both developers and homebuyers.
In response to the ongoing predicament, Datuk Aiman Athirah Sabu urged the developers to comply with the conditions set by financial institutions to secure the necessary funding. This emphasis on adherence to conditions underscores the government's commitment to responsible and accountable development practices.
Despite the setbacks, Aiman Athirah highlighted that the Task Force on Private Housing and Abandoned Projects (TFST) has been instrumental in addressing technical issues related to crucial aspects of the Hektar Gombak Residency project. The successful resolution of challenges with the Integrated Water Supply Scheme (IWSS), Sewage Treatment Plant (STP), and pipe installation of Greater KL (GKL) demonstrates the government's proactive approach to mitigating project obstacles.
Looking ahead, Aiman Athirah acknowledged the frustrations of homebuyers caught in the crossfire of delays and financial uncertainties. The pledge to explore alternative solutions for reviving ailing housing projects, especially those catering to affordable homes, is a reassuring commitment to meeting the housing needs of the public.
The affordability crisis in housing is a pressing issue, and the government's sustained efforts through TFST demonstrate a recognition of the importance of safeguarding the interests of homebuyers. By reducing the burden on those awaiting their homes, the government aims to ensure the long-term sustainability of the affordable housing industry.
As the Hektar Gombak Residency project inches toward completion, it is crucial for all stakeholders to work collaboratively. Open communication between the government, developers, and homebuyers will be key in addressing concerns, managing expectations, and fostering transparency throughout the remainder of the project.
In conclusion, while challenges persist, the government's proactive stance in assisting troubled housing projects is a positive signal for the industry. The revitalization of the Hektar Gombak Residency project serves not only as a beacon of hope for those directly affected but also as a testament to the government's commitment to ensuring affordable and accessible housing for all. The coming months will likely witness collaborative efforts to overcome obstacles and bring this much-anticipated housing project to a successful and timely completion.
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