The 37 buyers – now known as Maskiara Residents – are claiming that their units had been sold to other buyers by the developer, Intan Permata Properties Sdn Bhd, without their permission.
The units at the condominium are now priced at RM520,000 from the original price of RM180,000.
A spokesman for the buyers, who wanted to be known as Muhammad, said the project's original developer, Pinggir Kiara Sdn Bhd, had abandoned the project in 1998 and was later wound up by the courts in 2003.
Muhammad said Intan Permata was granted permission in 2008 by the Housing and Local Government Ministry to revive the project without contacting the original 97 buyers of the 300-unit, two-block condo developed on Malay reserve land.
He said the permission was granted although the buyers had objected to Intan Permata's involvement as it is owned by the same person who had owned Pinggir Kiara.
"The ministry officials told us since the name of the Pinggir Kiara owner – a Datuk – was not listed as a shareholder in Intan Permata, it was permissible for him to revive the project.
"Despite being able to revive the project, the owner continued to victimise us as Intan Permata had sold the units we had purchased to new buyers without consulting the original buyers," Muhammad said.
In April last year, 37 out of the 97 buyers sued Intan Permata at the Kuala Lumpur High Court to get back their units and the case is pending. Muhammad said only 37 buyers took the legal action as the rest did not have the means to join the suit.
-thesundaily
http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=46592:ttdi-condo-buyers-duped-slam-ministry-for-allowing-datuk-to-resell-their-units&Itemid=2
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