DistressedHandover pushed back 11 monthsHandover overdue

Lot 52 - Lot 67

Lee Chiong Development & Construction Sdn. Bhd.

Hilir Perak, PerakMap (opens Google Maps in a new tab)

Promised handover: 25 Jan 2023; Originally 25 Feb 2022
Built so far: 98%
Buyers paid: RM 500,000; Median of 12 signed SPAs
For sale from: RM 475,000; 4 units left

Worth knowing

Handover
+11 months
Handover was pushed back 11 months, like most Perak projects launched in 2020 (66%).
Perak 2020 typical
+5 months
This project
+11 months

The checks

Schedule
Officially distressed
Buyers here carry real risk of late or no delivery.
Progress
Keeping pace
98% built, with 100% of the promised build time used.
Price
Discounts unknown
This project launched before 2021. Signed prices from then almost always match the asking price on record, so the discounts buyers got don't show.
Developer

Timeline

First buyers signed25 Feb 2020
Original handover date25 Feb 2022
Extension approved: +11 months
Handover was due25 Jan 2023
Today98% built

What buyers paid

Paid is the price in each buyer's signed SPA. Asking is the developer's listed price. Est. after discount is an estimate for units still for sale: the asking price less the discount buyers of that type typically got.

This project launched before 2021. Signed prices from then almost always match the asking price on record, so the discounts buyers got don't show.

Terrace house
Paid · median
RM 500,00012 sold
Asking
RM 475,000 – RM 574,3004 for sale
Paid · range
RM 475,000 – RM 604,500

Signed and asking prices by property type
Type	Paid · median	Paid · range	Asking · units for sale
Terrace house	RM 500,00012 sold	RM 475,000 – RM 604,500	RM 475,000 – RM 574,3004 for sale

3 of 16 units are Bumiputera lots

Every unit 16

Each unit's asking price and sale status, with what sold units signed at and an estimated price for units for sale.

See every unit with Agents

The Agents plan shows all 16 units: which are sold, what each buyer signed for, and the estimated price of the units still for sale.

See the Agents plan

Data as of 12 Sept 2026. Prices and availability can change; confirm with the developer before you commit.

Worth knowing

The checks

Officially distressed

Keeping pace

Discounts unknown

Timeline

What buyers paid

Every unit 16