Compensation for TTDI project should come from landowner

PETALING JAYA (Aug 9): Yayasan Wilayah Persekutuan (YWP), and not Dewan Bandaraya Kuala Lumpur (DBKL), should compensate the developer of a high-rise, high-density residential development coming up on Taman Rimba Kiara (TRK) as the former is the owner of the land, said Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abd Aziz.

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1MDB still owns Air Itam land, says Penang CM

PETALING JAYA (Aug 9): 1Malaysia Development Bhd (1MDB) is still the registered owner of 234 acres of land in Air Itam, Penang, even after it was sold to another company as the transfer of ownership is incomplete, reported the Malay Mail.

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TTDI high-rise project can be axed – if RM110m compensation paid

PETALING JAYA (Aug 9): The developer of a contentious high-density, high-rise development at Taman Rimba Kiara (TRK) in Taman Tun Dr Ismail, Kuala Lumpur, is willing to cancel the project if Dewan Bandaraya Kuala Lumpur (DBKL) is willing to pay RM110 million in compensation, reported The Star.

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