News about 2020

KUALA LUMPUR (Feb 23): The plot ratio cap in the city to a maximum of 1:10 with the Kuala Lumpur City Plan 2020 (KLCP2020), “could lead to the downsizing of several high-end, high-rise developments, especially in the city centre”, reported The Edge Malaysia in its latest issue.

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.

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).

PETALING JAYA (Dec 10): The Malaysian Institute of Architects (PAM) has lauded the Ministry of Federal Territories and Dewan Bandaraya Kuala Lumpur (DBKL) for gazetting the Kuala Lumpur City Plan (KLCP 2020) to protect the interests of the city and its citizens.

KUALA LUMPUR (Nov 12): Segambut lawmaker Hannah Yeoh (pictured) lodged a report with the Malaysian Anti-Corruption Commission (MACC) last week about 29 violations of the recently gazetted Kuala Lumpur City Plan (KLCP) 2020 in her constituency, reported The Star.

KUALA LUMPUR (Nov 1): Federal Territories Minister Khalid Abdul Samad today clarified that the Kuala Lumpur City Plan (KLCP) 2020 was gazetted without first being put on public display because the plan had already been implemented during the period of 2015-2020.

PETALING JAYA (Nov 1): Several parties are enraged that they were not consulted before the Kuala Lumpur City Plan (KLCP) 2020 was gazetted on Tuesday (Oct 30), reported The Star.

PETALING JAYA (Oct 29): Kuala Lumpur City Hall (DBKL) said it will instruct the developer of a project next to the Desa Putra Condominium in Wangsa Maju, Kuala Lumpur to provide the impact assessment reports to the Desa Putra Condominium Residents’ Association (RA).

KUALA LUMPUR (Oct 25): Federal Territories (FT) Minister Khalid Samad said the KL City Plan 2020 will be gazetted by Nov 15 this year based on the plan that was discussed with the public back in 2012.

KUALA LUMPUR (Aug 27): Property developer Thriven Global Bhd, formerly known as Mulpha Land Bhd, is targeting an exponential growth in its top and bottom lines supported by unbilled sales of over RM460 million as well as new sales.