Govt may pay up to RM400m to compensate Ampang Park owners


Strategic location: Ampang Park, which is one of the oldest malls in Kuala Lumpur, was gazetted for compulsory acquisition on July 21, 2015 to make way for the second MRT line project.

PETALING JAYA: The government may be paying compensation of between RM300mil and RM400mil to acquire Ampang Park mall from strata shoplot owners in order to proceed with the second mass rapid transit (MRT) line, according to sources.

It is understood that there will be a separate package for tenants which has been excluded from this valuation.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , property

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