QUOTE(accetera @ Jun 6 2013, 08:05 PM)
Prasarana doesn't allow Bina Puri to factor in land value... because the land still belongs to Prasarana and Bina Puri did not incur land acquisition cost. Bina Puri is just building upwards only, taking away the sales revenue and allocate back a certain % to Prasarana.
Same kinda deal with Crest Builder, Naza TTDI and TRC Synergy.
>>> Eric Yong mentioned before that if such deal takes place, developers could also develop highrise above institution structures such as LRT stations, police station, balai bomba, taking over TM depot and land, centralizing the Indah Water ponds and building on them. Cool idea.
where is the showroom? Same kinda deal with Crest Builder, Naza TTDI and TRC Synergy.
>>> Eric Yong mentioned before that if such deal takes place, developers could also develop highrise above institution structures such as LRT stations, police station, balai bomba, taking over TM depot and land, centralizing the Indah Water ponds and building on them. Cool idea.
This post has been edited by faReZheLmi: Jun 27 2013, 02:35 PM
Jun 27 2013, 02:35 PM

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