Eleven members of Parliament (MPs) representing various areas in the capital want to get back at least 10 land plots out of 64 that were sold by Kuala Lumpur City Hall (DBKL) between 2013 and 2018, reported The Edge.
It was discovered that at least 10 sites can still be recovered as these properties were yet to be officially transferred to their buyers despite being sold already, said Kepong MP Lim Lip Eng after the first formal meeting between the KL MPs and DBKL Mayor Tan Sri Mohd Amin Nordin Abd Aziz on Wednesday (30 May).
“According to records obtained from the Lands and Mines Office, out of the 64 parcels, there are at least 10 of them yet to transfer their ownership to the buyers. This means that they are still registered under DBKL.”
“The KL Mayor said that if the Cabinet or the Chief Secretary to the Government (KSN) gives an order to not grant a consent (for the KL Land Registry Office) to transfer the ownership, DBKL will terminate the sale and purchase agreement with the buyers and get back the 10 pieces of land.”
Lim said they are waiting for the order from KSN or the Cabinet to retrieve these pieces of land.
In addition, the Malaysian Anti-Corruption Commission (MACC) has begun investigating the sale of the 64 land plots and the agency’s officers have visited city hall on Tuesday (29 May).
“The mayor said he will fully cooperate with the MACC,” Lim noted.
Earlier this month, he filed a report with the corruption watchdog to look into DBKL’s sale of the 64 pieces of land spanning a total of 424.29 acres that was sold collectively for RM4.28 billion.
He argued that most of these properties were disposed at below market value as no proper valuations were done. Moreover, only 30 or less than half of the sites were used for affordable housing.
Meanwhile, Cheras MP Tan Kok Wai revealed that city hall wants to get back a 31-acre site at Batu 2.5 in Cheras if possible.
At present, the land is occupied by several buildings used by DBKL and Jabatan Kejuruteraan Mekanikal dan Elektrikal, along with a store for confiscated goods run by Jabatan Penguatkuasaan DBKL.
“The deal of this transaction is lopsided and also detrimental to the interest of DBKL and the stakeholders of Kuala Lumpur because the land was sold below market price, and secondly, all the three departments have to move to a new site and build new buildings at their own cost, including the construction and land cost.”
“In addition, if these departments do not move out by end-August this year, they have to pay compensation to the land buyer,” he explained.
Image sourced from The Edge
This article was edited by the editorial team of PropertyGuru. To contact them about this or other stories email editorialteam@propertyguru.com.my
For the latest property news, trends, resources and expert opinions, visit our Property News section. Home buyers, sellers or property renters looking for Malaysian Properties, may like to visit the New Launches or Project Reviews page.
