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DONE DEAL: Bungalow, Banyan Close Bukit Mahkota, Kajang, Selangor

Noteworthy:

  • Freehold
  • Built up: 4,611 sq ft
  • Land size: 8,200 sq ft
  • 6 bedrooms, 6 bathrooms
  • Unfurnished (but renovated with built-in kitchen cabinet, fish pond and extra garage)
  • Nearby amenities: Schools, convenience stores, restaurants, Bangi Gateway Shopping Complex, KTM Bangi
  • Accessibility: Kajang-Seremban Highway, PLUS Highway

When: July 2022

Ong: Reform Federal Land Commissioner's Office, land-owning govt departments, statutory bodies, MOF Inc firms to better manage land and property assets

What do the RM50 billion debts incurred by Pembinaan PFI Sdn Bhd, the RM100 million post retirement “gift” to former prime minister Datuk Seri Najib Razak and the RM2 billion land purchase by Bank Negara Malaysia (BNM) in 2017 all have in common? All these cases involved transactions of land owned by the Federal Government of Malaysia.