Some 90 house buyers are facing financial strain as they not only have to service their bank loans but also have to pay rent while waiting for their houses to be completed.
The 90 units comprised of single storey and double storey houses is at Taman Bandar Ekar in Rantau.
Housebuyer R Gunasegaran said that he has to pay RM485 every month to the bank and thats only the interest, excluding the principal RM96,000 bank loan.
“The houses are not completed but every month we have to service the bank loan. This is apart from the rental for the house we are currently staying in,” said Gunasegaran.
Another house buyer Zulkefly Mat Yusof said the developer had an irresponsible attitude.
“Our dream is to have our own house but this has been shattered by the developer. I’m appealing to Menteri Besar Mohd Hasan to help us as he is also the state assemblyman for Rantau”, said Zulkefly.
Another housebuyer S Avadiar told FMT that he met the developer few times to discuss the abandoned project but the result was disappointing.
“When this project was abandoned, the house buyers met the developer and they told us they will complete this project within two years which was in 2008. But till today nothing has happened.
“Can you imagine our financial situation? I have to pay the loan installment of RM800 every month to the bank and at the same time pay my house rental RM350 per month,” said Avadiar.