Work resumes on stalled projects
14/07/2007 The Star Story and photo by Salina Khalid

LAGOON Perdana and Belvedere Service Apartment buyers can now sigh in relief as their abandoned apartment projects have been revived.

Both projects, located in USJ 9/1A, Bandar Sunway, were left idle since 2005 after the previous developer faced financial problems.

There you are: Lee (right) briefing buyers of the Lagoon Perdana Apartment during a site visit recently.

“The Lagoon Perdana project was about 50% completed and the Belvedere Service Apartment was only 20% completed when abandoned by Tenaga Gagah Sdn Bhd. I am glad the projects are being revived and the owners can look forward to having their units completed soon,” said Subang Jaya state assemblyman Datuk Lee Hwa Beng who visited the site recently.

He said the Lagoon Perdana project, which has been taken over by IJM Construction Sdn Bhd, was expected to be completed in 19 months.

Meanwhile, the Belvedere Service Apartment is expected to be handed over in 27 months from now.

Lee said the revival of the housing projects were made possible after a series of meetings with all the parties involved.

However, he said, all the 1,500 buyers of both projects had agreed to waive the compen-sation for the late delivery of their homes.

One of the 500 buyers of the Belvedere Service Apartment, Muhamad Faizal Zainuddin, said he was glad the project had been revived, despite having to waive the late delivery compensation.

“We just want the project to go on and have our homes ready. We have been waiting for too long for it already,” he said during the visit.

IJM’s finance director Loy Boon Chen said work on the projects resumed a few days ago and that the units would be ready in stages.