Felda gets registrar’s caveat on Jalan Semarak land
The registrar’s caveat is meant to prevent fraud in dealings, misrepresentation and misuse of the land entitlement.
The registrar’s caveat is meant to prevent fraud in dealings, misrepresentation and misuse of the land entitlement.
The state government had maintained land tax tariffs for the past 14 years.
This is over the RM270 million land deal at Jalan Semarak, which took place in 2015, during his tenure.
Political economist Isham Jalil said the state government’s revenue had gone up after it raised property-related taxes when the opposition took over after the 2008 general elections.
This is the largest bidding team for a railway project that China has sent abroad, according to a Reuters that cited business magazine Caixin.
Police report lodged over the alleged dubious ownership transfer.
It is already almost as tall as the Petronas Twin Towers.
The land is supposed to be for the Kuala Lumpur Vertical City (KLVC) development project which will comprise seven towers, including Felda’s KLVC Tower1A.
“Today marks a major milestone for this game-changing project.”