KUALA LUMPUR, Oct 24 (Bernama) -- Cooperation of all parties including houses buyers, developers and bankers are important for the revival of abandoned housing projects, said Minister of Housing and Local Government Datuk Seri Kong Cho Ha.

He said without the cooperation, understanding and sacrifice of parties concerned, it will be difficult to revive abandoned housing projects.

"We have to help revive abandoned housing projects either by working with existing housing developers or by bringing in new contractors or developers," Kong said during a media briefing after handing over keys to house buyers of Jalil Sutera project.

Bukit Jalil Development Sdn Bhd, a subsidiary of Ho Hup Construction Company Bhd, successfully revived the Jalil Sutera project and brought the winds of change that are imminent at Ho Hup, the country's oldest construction company.

The Jalil Sutera project, launched in February 2003, came to a standstill in 2006 when it was only 50 per cent complete, due to financial and internal problems faced by the previous management of Ho Hup Construction Company Bhd.

Kong said the Jalil Sutera project is an example that should be emulated to achieve success with other abandoned housing projects.

He sid the 2010 Budget has made provisions for a RM200 million fund to revive abandoned projects in the low and medium-cost category to help alleviate the sufferings of hawkers and government servants who can only afford to purchase one property during their lifetime.

"The government looks seriously at problems faced by the people due to abandoned and delayed housing projects," Kong said.

Kong said between 2000 and Sept 2009 there were 148 abandoned projects involving 31,824 houses buyers in the country.

"The state which has the highest rate of abandoned projects is Selangor (40), Johor (33) and Negeri Sembilan (20)," Kong said.

Out of the 148 projects, 12 projects involving 2,170 units of houses and 1,248 house buyers, were successfully revived during the year while 49 projects were in various stages of revival.

He said the ministry has also taken various measures which include tightening procedures for housing developers licence and consistent physical monitoring of housing projects.

Meanwhile, Ho Hup Group Managing Director Lim Ching Choy said more than RM4 million was spent on rehabilitating the project sprawled over 8 hectares.

"The revived project in total consists of 81 units of two-and-a-half storey super link houses encompassing phases four, five and six," Lim after the handing over ceremony.

Jalil Sutera, once completed will consist of seven phases.

"Phases one to six is fully completed while Phase 7A, which was recently completed, is ready for CF submission," Lim said.