The Chief Minister has revealed that 750 acres of land in Batu Kawan was sold at between RM3.05 and RM4 per square foot in 2004.
The information was contained in a press statement released by Guan Eng yesterday.
This would be prime land on the mainland next to the site where the second Penang Bridge begins.
Another incredible deal by the BN administration, at a time when Abdullah Badawi was Prime Minister. Again, this deal needs to be looked at again thoroughly.
Along with the sale of 980 acres in Tanjung Tokong at RM1 per square foot and 325 acres of Jelutong Expressway reclaimed land at RM20psf, that adds up to a breathtaking “cheap sale” (as Guan Eng puts it) of over 2000 acres of public land!