White Paper On Cheap Land Sales Of At Least 4,000 Acres By The Previous BN Government Will Be Issued Based On The Probe By A Special EXCO Committee Headed By Chow Kon Yeow. (en/cn)

The Penang State EXCO at its meeting on 12.9.2012 has agreed to issue a White Paper on cheap land sales of at least 4,000 acres by the previous BN government based on the probe by a special EXCO Committee headed by Penang State EXCO member for Local Government and Traffic Management Chow Kon Yeow.

The terms of reference decided by the State EXCO for the probe on cheap land sales are as follows:-

1. Identify cheap land sales conducted without open tender, price sold and to whom it was sold;

2. Analyse the sale process as well as whether the land sold was developed according to the original purpose of sale’

3. List out the weaknesses and the financial opportunity losses forgone incurred by the state government as a result of the cheap land sales as well as recommend measures to ensure that such wrongful practices do not recur.

Cheap land sales or even land given for free by BN government came into focus when BN alleged that the sale of 1.1 acre piece of land in Taman Manggis for a private hospital project to promote medical tourism in Penang, was sold below market value even though it was conducted by open competitive tender. The highest bid offered was accepted at RM 232 per square feet which was higher than the value given by Jabatan Perkhidmatan Harta dan Penilaian, under the Finance Ministry.

Not just BN but Gerakan has lost all honour and credibility when BN Penang Chairman Teng Chang Yeow can not prove his claims that four of my EXCO members, my political secretary and myself had personal interest in the hospital project. Unlike the over 4,000 acres sold by the previous BN state government, the present state government only sold over 100 acres of state land to raise funds to build 18,000 units of affordable housing.

Can BN Explain Why PR Land Sales Of Over 100 Acres Can Raise RM 1.1 Billion Whereas BN Cheap Land Sales Of 4,000 Acres Is Only Half Of RM 1.1 Billion?

When limited land sales by PR state government under open competitive tender can being questioned, BN’s cheap land sales of over 4,000 acres must be fully answered. Can BN explain why PR land sales of over 100 acres can raise RM 1.1 billion whereas BN cheap land sales of 4,000 acres is half of RM 1.1 billion? Chow Kon Yeow would look into the more than 4,000 acres of state land or identify even more land that were sold cheaply or without open competitive tender such as:-

a) In the Tanjong Tokong Reclamation, under Agreements dated 1990 & 1999, the developer was given the right to reclaim and develop 980 acres of land off Tanjong Tokong at the price of RM 1 per square foot!(RM 42.7 million)

b) 750 acres of land in Batu Kawan was sold in 2004 at between RM3.05 to RM 4 per square feet.(RM 112,058,100)

c) As for the Jelutong Expressway, under Agreements dated 1997, 2002 & 2003, the developer was given the right to reclaim 325 acres of land in exchange for constructing the Jelutong Expressway at an estimated cost of RM300 million and cash payment of RM25.4 million. In other words, the total cost is RM325.4 million for 325 acres or the cost of reclaimed land at Jelutong Expressway is RM 1 million per acre or over RM 20 per square feet. What’s more the developer can pay RM 25.4 million over 10 years from 2005 up to 2015 – surely a record for length of payment period.

d) 80 acres of prime land in Pulau Jerejak was sold to Urban Development Authority(UDA) without open tender on 15 January 2001 for a lease period of 60 years at only RM 3.72 per square feet.(RM12.9 million)

e) 1,600 acres of reclaimed land off Butterworth was given to Rayston Consortium(Butterworth) Sdn Bhd or Rayston for free. Rayston only had to pay RM 50 million for relocation of squatters and build a highway which they are recovering the cost through toll collections.

f) 18.7 acres land in Midlands Court and over 4 acres in Prangin Mall was sold by tender but not to the highest bidder. Instead for both sites, the 2nd highest bidder was selected.

g) 500 acres of reclaimed land awarded without open tender for the now aborted Penang Outer Ring Road(PORR) project. LIM GUAN ENG

—- Mandarin Version—




1. 确认没有公开招标的廉价售地买卖,出售价格以及谁是买家;

2. 分析买卖过程,以及有关土地是否已经根据出售条件进行发展;

3. 列出廉价售地买卖为州政府造成的后果、财务机会损失,同时,提出建议不再让这种错误的做法再发生。


当国阵主席邓章耀无法证明槟州四名行政议员、我的政治秘书以及我本身,在有关私人医院计划涉及私人利益,不只是国阵,就连民政党已经名誉扫地。不像前朝国阵州政府的4000英亩土地,现任州政府是出售100英亩州土地是为了筹集款项,兴建1万8000 个可负担房屋。



a) 丹绒道光填海地在1990及1999年的合约中,前朝政府让发展商以每平方尺1令吉的价格,在丹绒道光进行填海发展980英亩的土地。

b) 在2004年,峇都加湾750英亩以每平方尺3.05至4令吉的价格出售。

c) 日落洞高速公路在1997年、2002年及2003年的合同中,前朝政府让发展商以2540万令吉及一条价值3亿令吉的日落洞高速公路,进行填海发展 325.4英亩的土地。换句话说,日落洞高速公路的325英亩地段总值3亿2540万令吉,或 1英亩100万令吉,或每平方尺20令吉。更何况,发展商可以用10年(2005年至2015年)偿还2540万令吉,这么长的偿还期,肯定破了偿还期限记录。

d) 木蔻山80英亩的土地于2001年1月15日在没有公开招标的情况下以每平方尺3令吉72仙,出售给城市区发展机构(UDA),租凭期为60年。

e) 免费赠送Rayston Consortium(北海)有限公司1600英亩的北海填海范围。Rayston 只需要缴付5千万令吉的填海费,以及承建一条大道的费用而已,而这些费用,也可以靠收过路费赚回的。

f) 为什么在Midlands Counrt 及柏兰宜广场地段的18.7英亩经过招标却不是最高价者得。而是把土地出售给第二高价的竞标者。

g) 在没有公开招标的情况下,将500英亩填海地合约颁给槟州外环公路计划。


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