GEORGE TOWN: Residents in the upmarket Taman Jesselton Heights are likely to object to the redevelopment of the 81ha c .
“However, with a price tag of about RM700 per sq ft, how can they just build landed properties on the turf club land? not economically viable,” he said. It is learnt that a few local developers have explored plans to redevelop the property and are considering whether to make a bid. Tan Sri Richard Cham, chairman of the Malaysia Totalisator Board that regulates horse racing in Malaysia, said the proposal by the PTC was understandable given the present economic climate.
Source: News Formal (newsformal.com)
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