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2 comment(s). Last comment by Goooooooo 2013-11-13 19:13

fairjimmy

198 posts

Posted by fairjimmy > 2013-11-13 14:15 | Report Abuse

This is preposterous. 1. How can the Planning authorities approved 4 blocks of 45-47 storeys serviced apartments for this land, a third layer lot from Jln Ampang, which is situated just next to Sekolah menengah. They shared a common boundary. 2. The infra in this area just cannot accommodate the high traffic generated from this developement. 3. the price paid for this leasehold land with an unexpired term of probably 80plus years ie at RM 480 psf is exorbitant. If I m not wrong this land was previously owned by a very prominent foreign royalty who subsequently sold to a company probably owned by Mayland at about RM 300 psf which it now flips to L&G n Mayland through XMSB for a tidy profit

Posted by Goooooooo > 2013-11-13 19:13 | Report Abuse

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