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Dragon Leong blog
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THE INVESTMENT APPROACH OF CALVIN TAN
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CEO Morning Brief
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THE INVESTMENT APPROACH OF CALVIN TAN
JAYA TIASA (4383) WAS 71.5 SEN REPOSTING THIS PALM OIL JEWEL & LATEST UPDATES, Calvin Tan
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RHB Investment Research Reports
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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