A group of shop owners of Prangin Mall are crying foul over the developer’s failure to issue them with strata titles over the past 12 years.
Prangin Mall Joint Body Management chairperson Terri Yeoh Mooi Sim said the shop owners had suffered great losses as the market value for the 611 shoplots at the mall were all devalued.
“The developer Gerak Unggul Sdn Bhd did not apply for the strata titles from the land office under the Strata Titles Act 1985.”
She added that under the Act, the developer has to apply for the strata titles within six months of the certificate of fitness being issued.
“Without strata titles, we are facing a lot of problems. For example, an owner who bought a unit for RM200,000 in 2000, can only sell the unit for RM80,000 according to market prices three months ago.”
Yeoh was speaking to reporters at a press conference held at the mall in Jalan Lim Chwee Leong here yesterday.
Komtar assemblyman Ng Wei Aik, who was also present, said that the problem started when Prangin Mall land was sold to a company in 1994.
“But the Lebuh Lintang stretch leading to Jalan Lim Chwee Leong in between the mall was not sold so this means the road still belongs to the state government.
“The mall technically ‘belongs’ to two owners, and this is the reason why the strata titles cannot be issued to the shop owners,” he said.
Prangin Mall opened for business in 2001. - By The Star
9 comments
This was Goh Choon Lye's project?
yes, Goh Choon Lye's project....
During that time, he was the King of developers in Penang, thanks to his connection with our previous "Mr Nice guy". BJ complex, Midlands one stop, Mega mall, U garden, N park etc. which one is not a mega project that turn into eye sore today and create inconveniences to the surrounding residents?
Now, his brother turn : "The Cove"-- the 4 gigantic poles in Tg Bungah & "Central Park"--the great 5 fingers in Batu Lanchang, don't forget "8 Gurney"--the Pisa tower
Haha.. Pisa tower... I like that...
Here's one more... Guess what project is the lost sinking city of atlantis? ....
lousy and useless Goh Choon Lye, "fuck him"
Goh Choon Lye going to came back for MEGA project again at Air Itam there. Anyone know where is the actual location?
yeah, he going to develop whole kampung pisang
Hope people will remember all of the shortfalls and don't give this unprofessional people any more chances to con the public. Reputation cannot be sold so cheaply...
His bad energy is surfacing now . Earlier on he was told by great fortune teller if he were to divorce his wife all his fortune will be gone . He is not going to make it this time cause of bad energy and the curse from the people drags him to suffer , worse is his health is getting bad due to immoral act .