Got-meh? Yes, RM3.05 per square foot for 126.04 acres of prime land on Batu Kawan on the mainland within 4km of the landing site of the second Penang bridge.
Don’t believe it? Check this announcement by Equine Capital Berhad on the Bursa Malaysia website here. Look at item 2.5, which says “RM3.05 per sq ft” and “No valuation was carried out on the land”.