Residents want to understand the change of land use for the development site, from a religious institution to commercial, as well as the increase in the land density and plot ratio from 1:4 to 1:8.
Nevertheless, Kuala Lumpur is still very affordable for a major city in the region, says ECA International.
Dubbed District K, it comprises a four-level new Korean-themed retail zone located at “1 Utama E”.
Being faced with a maintenance fee hike post DLP is quite common, simply because the theoretical calculation of cost and the cost of actual maintenance can never be the same. More often than not, it has to be raised. Whether this is ethical or not, is debatable.
"The city has become a place that the younger generation call their 'kampung' and they are more keen to own a home here (in the city). Hence, there was a surge in demand for homes ... The challenge for the government now is to provide as many affordable homes as we can for them," said Mahathir.
The recently launched mixed development in Bukit Jalil is called The Tropika. Over 800 people showed up for the Feb 23 launch which has seen 60% of the condominium units in Tower A snapped up in less than a week.
Built-ups for the units range from 732 sq ft to 1,381 sq ft with only five to seven units per level. Meanwhile, the commercial space of the project will feature a 23,695 sq ft grocer along with 2-storey dual frontage office lots ranging from 3,316 sq ft to 3,814 sq ft and retail lots ranging from 752 sq ft to 1,677 sq ft.
Datuk Sri Mohammad Mentek has been KPKT secretary-general since 2015.
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