Land office clarifies low valuation for Bohol plots

Kok (second, right) at a meeting to discuss the Bohol flood retention pond issue with Fadillah (right) and Dr Zaliha (facing Kok) in Parliament. — Courtesy photo

Federal Territories of Kuala Lumpur Lands and Mines Office (PTGWP) has clarified how it arrived at the low sale price for plots of land at the Kampung Bohol flood retention pond.

A PTGWP senior officer, who did not want to be named, said the premium for the six plots of land with a 99-year lease was calculated based on a formula given by the Valuation and Property Services Department (JPPH).