Buyers of the Gold Tower 1Sulaman expressing their disappointment with the abandoned project. KOTA KINABALU (Sept 18): Buyers of the ‘doomed’ Gold Tower @ 1 Sulaman are urged to reach a decision so that the project can proceed. The project was declared abandoned by the Ministry of the Ministry of Local Government (KKTP) on Nov 24, 2016.
It is understood that the project was initiated in 2009 and was slated to be completed by 2012. Unfortunately, the project came to a halt in 2011, with the Platinum and Gold Towers reaching 75 percent and 35 percent completion respectively. “The 1 Sulaman project comprises three blocks of buildings namely Wisma Sulaman, Platinum Tower and Gold Tower.
In November 2016, Platinum Tower and Gold Tower projects were declared abandoned by KKTP and six months later, the liquidator for the developer, Sagajuta (Sabah) Sdn Bhd was appointed to rehabilitate and complete the two projects. “Platinum Tower was completed and obtained Occupational Certificate (OC) on October 4, 2022. Meetings were held and chaired by KKTP attended by representatives of Gold Tower buyers and the liquidators UHY, which were later joined by representatives of potential white knight and other stakeholders.
“While Platinum Tower has been completed, this is not the case of Gold Tower which is still left abandoned without any project being made,” said Irene Vitus @ Caroline, a representative of the purchasers of Gold Tower 1Sulaman Kota Kinabalu. Irene said in December 2.