Khoo Kay Peng
Penang Chief Minister Lim Guan Eng did it again. After a argumentative sale of Bayan Mutiara prime land to in isolation developer related to Danny Tan as well as Vincent Tan, he isinvolvedinthe RM11mil sale of a 0.4ha land in Taman Manggis, which was previously earmarked for affordable housing.
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The Taman Manggis land, which Barisan claimed to have been earmarked for affordable housing by a prior state government, was instead due by a present administration for a in isolation healing centre.
Barisan had additionally contended which a land during a junction of Jalan Zainal Abidin-Lorong Selamat had been sole to a Kuala Lumpur International Dental Centre during RM232 per sq ft or RM11mil, distant below a market cost of RM450 per sq ft or RM21,562,200.
In an immediate response, Lim said a land had been awarded around open proposal to a bidder with a top price.
The categorical point is not whether a land is being sole to a bidder with a top price. There are multiform alternative considerations:
1) Why would a state supervision sole a land earmarked for affordable housing to a in isolation commercial operation group?
2) The present supervision affordable housing intrigue is flawed. It is not about only providing low cost housing though a state contingency take knowledge not to push out a working category as well as reduce center category from a island. A couple of people remarked to me which Penang island is soon apropos a place for a rich locals as well as foreigners. Workers enclave contingency be created nearby to economic hubs/areas on a island as well as not usually on a mainland.
Read More @ Source 3) Using a top cost to justify a sale of land earmarked for affordable housing makes Lim sounds similar to a CEO of a in isolation association who is only interested to have a top profit. Is Lim now being overly commercial operation accessible as well as neglecting a interests of 70% lower-middle category Penangites?
The emanate of Bayan Mutiara is distant from over. We shall guard a situation to see if a state supervision is starting to have a in isolation developer broach on a 30% affordable housing promise/requirement.
Lim may be roving on tall recognition call due to his populist policy as well as an irreparable as well as divisive UMNO though a impact of his decisions on land sale as well as land barter to finance infrastructure as well as housing projects in Penang is starting to infer costly in a 14th General Election for DAP as well as Pakatan.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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