Hi guys,

When GSB was 9 sen OSK Iskandar Top Boss Mr Law pointed that if G Residence is sold it should earn 9 sen which was the price of GSB then. Now G Reesidence is almost in completion & as expected GSB share price has doubled to more than 100% to cross 20 sen

Now just as GSB got G Residence DUTALAND also got the 6 Star GRAND DUTA HOTEL

 REVIVAL OF GRAND DUTA HOTEL.

Finally, On January 6th, 2016 Management has submited plans to Revive the stalled project of

HOTEL GRAND DUTA near Petronas Twin Towers.

A Mammoth 60 Over Storey Tall Hotel in the Heart of Kuala Lumpur.

As of now 33 Storeys are already completed. It is A Very Grand Hotel Indeed. The basement alone consists of 7 Floors of Basement Parkings. 

Let's take a closer look. It sits on 2.36 Acres of Very Prime Land. Book value Rm332.798 Millions in year 1996.

How much per sq ft?

2.36 x 43,550 = 102,778 sq ft. Now divide Rm332,798,000 by 102,778 = Rm3238 psf.

Is Rm3,238 psf  the current land cost near Petronas Twin Towers? 

The 33 storey buildings (uncompleted). How much does it worth?

When ready This GRAND DUTA 5 STAR HOTEL WILL BE WORTH MANY TiMES MORE. Malaysia -truly Asia with multi ethnic races and cultures is a magnet for tourists from all over the world. And GRAND DUTA HOTEL has a Very Bright Future!

Below is the picture of GRAND DUTA HOTEL Near KL TOWER &  PETRONAS TWIN TOWERS (5 to 10 Minutes Walk Away!)

It is estimated by fellow i3 forumer Apolloang that GRAND DUTA HOTEL Should be worth Rm600 Millions when completed