Malaysia Retailers Association: Many of our members have reported [that] sales dropped by as high as 50% with some expecting revenue to further drop by more than 80% over the next three months.
“We told you so. We are telling the government, we are telling our MP, we are telling our leaders, we are telling DBKL, we told you so that this is a project that will be a disaster…”
Salkukhairi Abd Sukor called on the authorities to "intervene in the matter, to protect the interests of buyers",
Comm Mazlan also urged the public to stop spreading unverified news regarding the incident.
“We have always wanted to improve and increase the portfolio size to RM5 billion. But, of course, when we want to add properties, we want to add good-quality assets, not simply buy any properties.”
The group, however, does not have a presence in the city of Wuhan, where the outbreak originated.
The report quoted Zuraida saying the Attorney-General’s Chambers will suspend the Advertising Permit and Developer’s Licence (APDL).
Khalid said preliminary reports point to structural failures but further studies were required.
“It will take DOSH about a month to determine the cause of the collapse,” Housing and Local Government Minister Zuraida Kamaruddin explained.
It was reported that the sixth floor of the condominium that was being built collapsed earlier in the afternoon, trapping the workers.
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