SkyWorld founder and group managing director Datuk Ng Thien Phing said a mixed development known as SkySierra will be developed on the site.

"Overhang means the industry is in dire straits and unable to absorb any new supply."

They feature smart home systems such as facial recognition for access, intelligent mailbox that notifies home owners of mail arrivals and a centralised security control system.

The contract covers the construction of main building for the proposed mixed development comprising a 25-storey block of offices and hotel and two 53-storey blocks of serviced apartments on top of an 11-storey podium and four levels of basement at Jalan Puchong, Kuala Lumpur.

A three-member bench led by Justice Datuk Zabariah Mohd Yusoff reserved its judgment after hearing submissions by Najib's lawyers Harvinderjit Singh and Tan Sri Muhammad Shafee Abdullah, and deputy public prosecutors Ahmad Akram Gharib and Mohammad Mustaffa Kunyalam.

Yeoh it is “not acceptable to me” and the affected residents.

Dubbed “in a garden where happiness lives”, Gamuda Gardens features five cascading lakes that are integrated into the central park with two waterfalls.

Area Management Sdn Bhd executive chairman Datuk Stewart LaBrooy: None of us in this room knows the demand and what the market wants.

Federal Territories Minister Khalid Abdul Samad: My stand in general is in line with the Cabinet’s instruction, which is to honour the promises made to the longhouse residents and renegotiate in order to get the best terms.

The highest number of unsold completed units came from Johor with 6,066 units, a 38.6% y-o-y increase from 4,736 units in the previous year. These unsold units are worth RM4.6 billion.