“This is a serious conflict of interest. The MACC cannot say this is nothing wrong. If this is nothing wrong, then everyone else in this new government will be doing the same thing.
"And I tell you, friends will probably be holding you to a higher standard than they would anyone else."
“It will only take RM25 million for the government to build town houses. The government has spent so much more that they can spend that [much].”
The 22-year-old hotel is located close to historical/tourist sites such as A’Famosa and The Stadthuys and was last spruced up back in 2008.
“...may be able to get as much as RM416 million” for the land.
“Given the unique and complex nature of the redevelopment, the project requires careful planning and detailed enhancements as well as improvements to the infrastructure.”
“For a turnaround to work, we need three ingredients — first, the need to have a vision; second, the people to realise it, and thirdly, the resources to be able to do so. Hence, we have to look at the recycling of our assets and divestments.”
With such schemes, retail and institutional investors can “crowdfund” first-time homebuyers for properties valued at RM500,000 and below.
"Every developer has already spent about RM10 million to RM15 million, so we want to get a PR1MA clarification on this issue."
“I’m totally innocent and my lawyer’s going to handle the whole trial and we’re in full compliance,”
The only property app you need. More than 200,000 sale/rent listings and daily property news.
