Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Wednesday, December 31, 2008

KC eyes abandoned projects outside Sabah

LABUAN: KC Project Management Services Sdn Bhd that has been rehabilitating abandoned housing projects in Sabah wants to use its expertise to help resolve similar “problems” in other states.

“It would be a pity if the experience and knowledge gained by KC is not fully made use of and extended to peninsular Malaysia and Sarawak,” chief executive Dr Robert K.C. Chin said in an interview.

Chin said his company had been appointed by Sabah’s Minister of Local Government and Housing to manage, assume control and complete abandoned housing projects in the state since 1987.

He said KC had been instrumental in setting up a special-purpose vehicle to rehabilitate and complete all abandoned housing projects in Sabah.

To help revive such projects, Chin said the Sabah government had also set up KKTP Sdn Bhd to provide funding and register and transfer land titles to genuine house buyers.

By Bernama

No comments: