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Pacific Heights declared abandoned
Published on: Thursday, June 06, 2024
By: Wu Vui Tek
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Pacific Heights declared abandoned
As the shopping mall Pacificity wasn’t mentioned in the ministry’s announcement, Liaw explained that this was because the commercial lot is not within the Ministry’s jurisdiction.
Kota Kinabalu: The State Local Government and Housing Ministry confirmed it has officially declared the Pacific Heights project in Likas Bay as an abandoned project on May 2, 2024.

In view of this, PacifiCity Project Purchasers Welfare Association’s (P3WA) representative, Dato’ Seri Winston Liaw called on commercial banks to stop charging instalment payments and interest to buyers.

Liaw said he received confirmation from the Ministry’s Deputy Permanent Secretary, Stanley Chong, in a reply on June 4, 2024 to a letter of inquiry he sent on May 28, 2024. 

Winston

According to Liaw, the Ministry declared the Pacific Heights condominium an abandoned project under the Housing (Developer Control and Licensing) Act 1978, Section 11(1)(ca).

“With this confirmation, we call upon commercial banks to immediately stop charging the buyers monthly instalment payments and interest.

“If the banks continued to do so, we will ask Bank Negara to intervene,” he said.

Liaw also expressed gratitude to Deputy Chief Minister and Local Government and Housing Minister Datuk Seri Dr Joachim Gunsalam for his assistance in this matter.

As the shopping mall Pacificity wasn’t mentioned in the ministry’s announcement, Liaw explained that this was because the commercial lot is not within the Ministry’s jurisdiction.

He said he would seek the assistance of Chief Minister Datuk Seri Hajiji Noor and propose a solution to address the predicament faced by the buyers.

“In fact, this large development plan has good potential, as it is located in a prime location. If it is not handled properly, it will affect investors’ confidence in Sabah. 

“I believe with the intervention of the State Government, the problems will be solved more easily.”

He added that aside from the Government looking for a “white knight” to take over, many interested parties are also willing to help find one.

“I think government-linked companies such as Sawit Kinabalu, which make huge profits every year, can also consider taking over this potential development project,” he suggested. 

Liaw said he will continue to work hard and hopes this project will one day be completed.

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