Jul 012009
The developer for the Oasis project, Nusmetro, says the High Chaparral villagers have until 2 Aug to leave the land, according to a media source. The developer is drawing a firm line in the sand.
The uncertainty over the fate of the Oasis project appears to have unnerved those interested in the condos. Check out their latest comments on this property website here.
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Was, You have every right to demand KSK to explain? …
This shall be read as “You have every right to demand KSK to explain”.
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“Greedy tenants who do not have legal land ownership looking for a “bigger” cut.”
nb:
That may be so but are you so sure that the tenants are being greedy as opposed to merely, and rightfully, fighting for their rights and their survival?
These long-established sitting tenants have rights of beneficial ownership to their homes in KBP as it is on housing trust land which the legal owner TRUSTEE had no right to alienate and dispose off without first:
(i) obtaining the consent of all current KBP sitting tenants;
(ii) ensuring adequate alternative and acceptable housing provision was made for them;
(iii)ensuring that the sale transaction was done for the best value and in the best interests of Penang residents, all of whom have rights of beneficial ownership in all housing trust land in Penang.
The legal Trustee(the Federal or state government?) would be in breach of its trusteeship duties if it did not hold that open consultation exercise with the KBP tenants and Penang residents and/or it did not obtain the best value for money deal possible in that KBP land disposal to that civil service cooperative.
“Imagine Power To The People” John Lennon.
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nkkhoo,
No one in this forum is asking for KTK’s blood.
We are only asking for an explaination on the gaping valuation difference between the price sold to the developer and what LGE is saying is the real market value of the land.
As for your intellect, let’s just say that it is plain for all to see.
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