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"The contents of the letter do not refer to the respondent as the party responsible for finding replacement land," the court said.

“On the surface, this revenue-sharing scheme seems lopsided and demands further detailed disclosures,” they said, noting that Petaling Jaya alone is projected to face a revenue shortfall of around RM10 million under the proposed deal.

All units are designed for multigenerational living, with layouts that include family areas, private terraces, powder rooms and rooftop openings in selected penthouses.

Scheduled to be launched in October 2025, SPEED Selangor is expected to shorten processing times at the local authority (PBT) level.

"Since the incident, the company has mobilised substantial efforts to ensure public safety, support the impacted community, and maintain gas supply continuity across the country.

This happens because developers either have not settled the land premium payments or have outstanding issues with the land office.

Civil proceedings should be commenced to recover the millions in waived penalties, as the developer had unfairly benefitted from the sale of these properties and had obtained “unlawful enrichment”.

On a back-of-the-envelope calculation, each unit would cost approximately RM256,998.

The affordable housing projects priced at RM300,000 and below in Selangor account for 13% of the market supply in 2025.

The Petaling district is driving Selangor's high-rise housing boom, leading the region with 93 new condominium and apartment projects.