NCT Alliance Bhd has reaffirmed its dedication to ensuring the completion and delivery of homes to homeowners, aligning with the Malaysian government’s initiatives to address the challenges posed by abandoned property projects in the nation.
The commitment comes in the wake of Prime Minister Datuk Seri Anwar Ibrahim’s announcement of a special financing guarantee of RM1 billion in Budget 2024 to tackle the pressing issues related to abandoned property projects in Malaysia.
Datuk Seri Yap Ngan Choy, the Executive Chairman of NCT Alliance, expressed confidence that the government’s measures, coupled with the company’s robust track record and established reputation as a ‘white knight’ in revitalizing abandoned projects, will breathe new life into struggling developments. He believes that these initiatives will transform these properties into dynamic and purposeful spaces.
NCT Alliance’s dedication to completing abandoned property projects is expected to contribute to resolving long-standing issues in Malaysia’s real estate sector, providing relief to affected homeowners and enhancing the overall property market.