Legal News: Errant housing developers face stiffer penalties, blacklist, from June

KUALA LUMPUR: Housing developers who abandon their projects will be blacklisted and subjected to stiffer penalties when amendments to the Housing Development (Control and Licensing) Act 1966 come into force in June.

“Once blacklisted, the developer and company’s board of directors will not be able to apply or renew their advertising permit and sales license,” Deputy Urban Well-being, Housing and Local Government Minister Datuk Halimah Mohd Sadique said when answering a question raised by Gobind Singh Deo (DAP-Puchong) in Parliament Wednesday.

She added that errant developers would also face stiffer penalties if they were hauled to court and convicted.

The ceiling for fines will also be increased to RM500,000 from RM200,000 previously.

Halimah said the names of blacklisted developers would also be published on the Ministry’s website.

Earlier, Halimah informed lawmakers that from 2009 to Feb 28 this year, the Ministry had declared 206 housing projects as abandoned.

Of this, she added, a total 149 projects were revived, with 22,868 homes built.

Halimah also said the Act only applied in the Peninsula, but she would propose to the Cabinet for the law to be enforceable nationwide.

By: Martin Carvalho
Source: TheStar
Published on: Wednesday, April 2, 2014

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