Friday, August 17, 2012

Free School plot sold for RM5.7mil


GEORGE TOWN: The Penang Municipal Council sold off a 0.24ha plot of land near Jalan Free School for RM5.72mil because it had no plans to develop the site.
Council Financial Management sub-committee alternate chairman Tan Hun Wooi said this was done since there were enough public amenities within 1.5km radius of the land.
He was commenting on a claim by state Barisan Nasional Youth head Oh Tong Keong that the company which bought the land plans to sell it for RM10mil.
Tan said that since the land was designated as a residential zone, the new owner might develop the land for housing.
“However, we have no say on anything now that the land had already been sold,” he said at a press conference here yesterday.
Oh had claimed the council sold the land in 2009 for RM2mil.
Tan said the council sold the land in January last year.
He said the money would be channelled to a special fund which would be utilised to acquire other plots of land for the benefit of the people.
“We are currently acquiring a 3ha plot in Teluk Kumbar for the construction of a multi-purpose hall, a market complex as well as a mini library.
“We are also buying another land in Balik Pulau which will be turned into a mini park,” said Tan. Also present was councillor Teh Lai Heng. - The Star

1 comment:

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