KUALA LUMPUR: Nearly 300 Bukit Damansara residents, joined by singer Sheila Majid, former CIMB chairman Nazir Razak, former minister Khairy Jamaluddin and activist Ambiga Sreenevasan, took to the streets today to protest against the planned redevelopment of Wisma Damansara into two 60-storey towers.

Holding placards with the words “Save Bukit Damansara” and “No to Skyscrapers”, residents warned that the project would turn Jalan Semantan into a permanent traffic jam, overwhelm infrastructure and erase the neighbourhood’s identity.

Nazir said while he supported development, the project was “monstrous”.

Bukit Damansara Homeowners’ Association president Sufian Majid said residents only learnt of the project via a newspaper notice on Aug 1, which revealed approval for a plot ratio of 1:9.6 – 60% higher than the 1:6 cap in KLLP 2040.

https://www.freemalaysiatoday.com/category/...wisma-damansara

Uuu/bbb liked to claim god no longer make land, is scarcity but ignored redevelopment is an option.

With plot ratio of 9.6 possible, high rise could be higher i.e 50% more area or new supply from the same plot of land.

It seems some developers have suspended launch of new high rise in kv due to poor sales and some of those that have large land bank (bought not long ago) are stretched in cash flow.

This thread move from property thread???

Must be askar perang request

I will most probably never boyght any new property anymore. Paid off 2. Rent out edi. Im also renting.

If you are well off and can sort your finance and passive income nicely. Rent is the way forward.

Dont wanna be bogged down by banks interest, the house degradation/obsolete/wear and tear/taxes/maintenance fees/fixing plumbings, repairs etc2

Its already here long time ago after the prediction of klcc condo boutghable at rm150k from 2015 x jadi2.

waiting property price crash especially high rise
then followed by landed
all say dun crash is because they biased.

After a few decades, most if not all buildings is only worth the value of the land it sit on.

JB 2025 launch after launch, yes highrise

this one most likely will kana demolish then naik condo/mall

see Section 13 enough lah

It is almost certain it will become high rise. the issue is the buyer overpaid and under current market sentiment, it would be high risk for them to launch.

keep marketing em to Singaporeans, later turn it into old folks home etc

truly a vassal state

this one most likely will kana demolish then naik condo/mall

see Section 13 enough lah

900 psf for land price. do what also die.

that surrounding consider aging town, most youngster has move out

lol 500k-1mil.

confirm is trying to play property game.

I don't understand why people like property so much. It's super mafan and not even that lucrative returns.

buy wrong property for investment... every month bleeding up to 1k... 5 years gone 60k... cannot tahan so let bankrupt lorr...

ayam wish u tell me 10 yrs ago b4 ayam kancheong buy .

ayam feels stupid now .

which property u bought which year how much?

I bought 1 shoplot back in 2017 now 2025 only the rental can break even with installment. lol. Property price that area now raise like 30%. Still underperform compared to ETF.

Cannot imagine ppl who bought residential unit. sure dying a slow painful death.

waiting property price crash especially high rise
then followed by landed
all say dun crash is because they biased.