"We have had some preliminary meetings, but the gulf is still very wide."

The RM500 million expansion (phase 2) will add another 150 retail outlets spread over three floors in the mall’s new wing.

“This may result in dissatisfaction amongst the subsidiary proprietors and a general reluctance to pay maintenance fees as a form of protest.”

‘Self-discipline’ of developers will help improve the local property market

“Upon successful completion of the project, it will have the capacity to supply 1,000 MLD (million litres per day) water supply and generation of 100 MW (megaWatt) electricity.”

Sold for: RM1.65 million (average RM878 psf); Concluded by: Carmen Lee (REN 12639, 012-207 3989) and Chris Ng (REN 07811, 019-614 8656) of Reapfield Properties; When: August 2019

"Isa told us that PM (Najib) wants FIC to reconsider the acquisition of the hotel. The board takes into consideration what Isa said and no questions were asked," said FIC ex-CEO Mohd Zaid Abdul Jalil.

The land also belonged to owners that “were unaware that their land had been encroached”. The houses had running water and electricity.

The prosecution team has 30 to 40 more witness statements to be submitted, alongside all related documents under section 51A of the Criminal Procedural Code (CPC) within two weeks before the trial date of Nov 18, Al-Saifi added.

“Our experience has taught us that economic growth per se does not equate to development for all. Averages hide a lot of inequality.”