6 August, SHAH ALAM – Menteri Besar Selangor (Incorporation) (MBI Selangor), a corporate body that was established under the Selangor State Government, has ended two decades of waiting for 203 Idaman Warisan homeowners with the key handover ceremony at Sultan Salahuddin Abdul Aziz Shah Building.
Formerly known as Taman Arcadia, this project was abandoned since 1999 and the revitalisation efforts began with the signing of an agreement in September 2016 between MBI Selangor and the Strategic Consortium, which involved Worldwide Holdings Berhad and LBS Bina Group Berhad.
The open tender system and transparent project implementation has helped the state government to generate a revenue amounted to RM500 million and Idaman Warisan was handed over to the original homeowners without incurring additional cost on them for the revitalisation.
“With this strategic collaboration and efficient corporate governance, the Selangor State Government is committed in delivering the best outcome to the “Rakyat”. In the previous agreement, the project will be delivered vacant like the rest of the housing project. However, I have also announced additional incentives for Idaman Warisan homeowners in 2018 whereby every home will be fitted with basic home appliances such as a television set, kitchen cabinet, air-conditioners, water heaters, and refrigerator,” mentioned Menteri Besar Selangor, Dato’ Seri Amiruddin Shari in his speech.
The revival of this project is complicated and took longer than expected to complete due to some technical and legislation issues that need to be reviewed.
“Also, a few owners were not contactable because they have moved and some have already passed away. Thanks to the close cooperation between the government and private organisation that this project is finally completed,” he added.
Sharudin Ismail, one of the Idaman Warisan homeowner expressed his gratitude towards the completion of the project. “Thank you so much to the Selangor State Government for their support and assistance on revitalising this project. This is a great gift and historical moment for my family as we have waited 21 years for this house. Although the project was abandoned, all the homeowners still have to service the loan because we don’t want to be declared bankrupt.”