Build and Sell?
Pak Lah urged the housing developers to build house first before selling. He gave the reason that housing developers should have adequete fund to embark on the project until completion, after noticing the practise in Taiwan and some other countries.

Current trend allows property developers to get the upfront money from housebuyers before the completion of house construction, meeting some bilateral's agreement.

In my personal view, if I'm the housebuyer, it's ok for me to pay the upfront money first before the house construction is started, as long as the contract or aggreement tends to protect my benefits. If the house cannot be built or completed upon the deadline, then the appropriate compensation based on agreement should be given.

Nonetheless, if the housing developers don't have ample liquidility, then they shouldn't take the risk to bear the project.