Teng: Zoning won’t affect PTC land value


The land title of the Penang Turf Club (PTC) is a freehold first grade grant, thus the land zoning status does not make any difference to its value.

Former state local government committee chairman Datuk Teng Hock Nan (pic) said regardless of the status, the landowner still had the right to take the case to the Appeals Board to request the state government to purchase the land should their development plan be rejected.

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