Firms breach quota, buyers penalised

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Firms breach quota, buyers penalised
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A woman plunged to her death after losing her footing from a bridge while filming wild deer in Japan on Saturday.

More than 500 unit owners of a housing project in Rawang were sold bumiputra lots without their knowledge. — Photos: AZLINA ABDULLAH and LOW LAY PHON/The Star

Shawn Nair and his wife Vicky Fang bought their unit in 2006 and moved in after it was completed in 2008.“It was a townhouse and was built on elevated ground, surrounded by foliage-covered hills,” said Shawn. The notice stated that in order for LPHS to release the bumiputra lots to non-bumi owners, the buyers have to pay RM13mil in total.For Shawn and Fang to receive their strata title, they have to pay a penalty of over RM20,000.“There was no discount, nor was there any indication in the sales and purchase agreement that this was a bumiputra unit.”“The developer had breached the approved bumiputra quota allocation, meaning he had sold to non-bumiputra buyers.

In documents sighted by StarMetro, Selangor State Executive Council had on July 9, 2001, approved a minimum 40% bumiputra quota with a discount of 10% to bumiputra buyers for the project in Rawang. But buyers like Lawrence and Shawn are adamant that they should not be penalised, and are refusing to pay.The fee that is being imposed comprises the bumiputra discount of 7% and an additional 5% penalty, or 12% of the purchase price .Several were told to pay the penalty for their bumiputra units, which were built by a different developer.

“It wasn’t only me; about 200 of the owners of the strata property are also affected by this ,” he said.“So if a unit was purchased for RM500,000, the owners now have to pay an extra RM60,000. This is an exorbitant amount,” he said.He added that as the developer was currently under liquidation, it further complicated the issue.He said most of the owners felt that they should not be held liable for something that was not their fault.

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