Thought have been discussed before on price justification?

1.) ES dun have any medium/low cost units. All low/medium cost of units have been channeled to TA and when the township nearly completed, TA need to build all the necessary low/medium cost units for both ES + TA.

2.) ES solely using red clay brick while TA only using sand brick, no?

I haven't any chance to compare the material spec between ES and TA, do you have such information to share?

Lol... Great to see more and more chui shui kaki in lyn....

By the way, the backlane garden for EM is still not yet completed lah.. It is quite unfair to make any conclusion with current progress.

Lol... Every township must build some low cost / medium cost, it is a rule, no?

As far as I know, TA shall absorb the low/medium cost units and hence can sell the land at much higher price to EW, no?

You can refer the following from ES thread version 1.

"According to the announcement made on Bursa by EcoWorld, the purchase consideration consists of the following:-

1. RM35 psf over 308.72 acres, consisting of 11 land titles
2. Potential GDV of RM8billion
3. the land area of 308.72 acres is actually net land area basis, excluding of common infra such as proposed roads, drainage, reservoirs, sewerage, culverts, retention basins, electric main distribution
4. No low cost units are to be constructed on the 11 parcels of lands. Any low cost requirement imposed by the relevant authority pursuant to the development of the parcels will be constructed by the Vendor (tropicana)
5. The costs and expenses incurred by the Vendor for the purpose of and in connection with the construction and completion of the Shared Primary Infrastructure undertaken by it and the net cost incurred by the Vendor for the construction of the low cost units shall be borne by the Parties and such proportions shall be computed in accordance with the terms and conditions of the SPA"

Very sad....

30th of September still not yet open the interchange...