the land very big, the land price very high. worthy investment for long long term. the land is worth more than the building on it now. there are only 100 owners, land size is 7 acres. so roughly each owner sitting on 3049 sft of LAND on KLCC. how much is residential land transacted around KLCC? 2k-3k psf?
assuming there are 90 2000sft units, at 1k psf, thats 2m x 90=180m
and 10 800 sft units, thats 8m
total 188m to buy up everyone.
factor in redevelopment costs. 500-700 psf of revised GFA?
then redevelop into 400-500 unit condo, sell at 2k psf of raised GFA.

is it a gold mine? you tell me.

buy FREEHOLD old condo that is well maintained in superb location with low density - value investing.  if i told you i sell you this piece of land, the building on it (still can stay) is FREE. is it good?