The properties, each consisting of a three-storey shopoffice building with a land area of approximately 163 sq m, have an audited net book value of RM1.77 million each as of Dec 31, 2023.
Incremental housing may sound affordable, but it doesn’t work in high-rises, says National Housing Department director-general Datuk Jayaselan K Navaratnam, urging policymakers to rethink land use and long-term value in urban planning.
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