Taman Rimba Kiara – An open letter to the cabinet
I AM truly shocked when reading a news report stating that the disputes over the proposed housing project at Taman Rimba Kiara , Taman Tun Dr Ismail , will be tabled and finalised at the cabinet meeting next month. The federal territories minister said if the project was scrapped, the Kuala Lumpur City Hall will have to pay more than RM150 million in compensation to the developer.
Allow me to highlight a few factual errors and some comments so that the paper to be submitted to the cabinet will be consistent with the actual situation. Secondly, how was the amount that DBKL will have to pay the developer as compensation calculated? It seems, through publicly available documents, the more than RM150 million stated is way above the actual amounts expended by the developer.
Next, the high-end units are serviced apartments and not condominiums. There is a lot of difference between the two.
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