KL's lower plot ratios may drive land prices down – report

PETALING JAYA (Feb 16): The lower plot ratios for property developments under the newly-gazetted Kuala Lumpur City Plan 2020 (KLCP 2020) will likely drive down the prices of development land in the capital as project densities – and consequently profitability – are reduced, reported The Edge Malaysia.

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DBKL caps plot ratio for developments in capital city

KUALA LUMPUR (Feb 11): Property projects, which were previously granted approval in principle with a higher plot ratio than what is permitted under the newly gazetted Kuala Lumpur City Plan 2020 (KLCP 2020), are required to seek fresh approval from Kuala Lumpur City Hall (Dewan Bandaraya Kuala Lumpur, DBKL).

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