The Malaysian government has revived more than 1,576 sick and abandoned housing projects nationwide since 2023, involving 188,525 housing units with a gross development value (GDV) of approximately RM148.21 billion [1, 2]. The Ministry of Housing and Local Government established the Task Force on Sick and Abandoned Private Housing Projects in 2023 to facilitate these revivals [2].
Minister Nga Kor Ming emphasized the government's commitment, stating, "Our goal is clear: to ensure that every sen paid by homebuyers is used only for the development promised and that every house purchased is completed and delivered according to schedule." He added, "We will continue implementing the Madani Housing Reform agenda to address sick and abandoned housing projects more comprehensively." [1]
To reduce future delays, the government is implementing mandatory audits of Housing Development Accounts (HDA), strengthening the Housing Integrated Management System (HIMS), and promoting the Teduh portal for public verification of developers and projects [1]. Nga Kor Ming also called on more developers to "play an active role in helping to revive projects facing similar challenges, while working together to strengthen the nation’s housing agenda." [2]
Among the revived projects is the former M101 Skywheel development, originally stalled due to financial difficulties and the COVID-19 pandemic [1, 2]. The RM1.5 billion project, once planned as a 79-storey tower with 1,511 units, a Sky Mall, and a Ferris wheel, affected 337 purchasers with Sale and Purchase Agreements valued at over RM306 million [1, 2].
GD Properties took over as the white knight developer, rebranding the project as KL360 @ Menara GD, a 61-storey mixed development with a GDV of RM1.37 billion located in Kuala Lumpur’s central business district [2]. A rehabilitation scheme for the project was approved by a majority of buyers and endorsed by the High Court in 2024 [2].
Minister Nga Kor Ming officiated the groundbreaking ceremony for KL360 @ Menara GD in June 2026 [1, 2].
The government aims to reach zero abandoned housing projects by 2030 [1].