Committee to study park buy


SUBANG JAYA: A committee will be set up to look into the feasibility of buying the Subang Ria Park land from Sime Darby Property Bhd.

Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim said at a recent public hearing session that the committee would comprise representatives of residents and Subang Jaya assemblyman Hannah Yeoh.

The committee, which will discuss buying the land within the next eight months, will have to appoint an independent evaluator such as the Valuation and Property Services Department to evaluate the true value of Subang Ria Park.

Khalid stressed that the residents and the state government would have to work as partners, with each party paying half of the land price.

He said residents should forget about getting the park for free.

"Say after evaluaion, the land is worth RM15 million. The state will pay half and the residents must pay the other half.

The recreational park will then be under the care of the Subang Jaya Municipal Council," he said, adding that the state government would not pay more than RM50 million.

"If the land is evaluated at RM100 million, the state government will finance RM50 million.

That is the maximum. Anything more, we might as well buy a piece of land elsewhere."

Khalid said he wanted a serious commitment from the residents, adding that the Menteri Besar Incorporated Fund would be set up for the purpose.

He said there had been no change to the land status which is classified as "recreational".

He assured the residents that there would not be any development taking place at the park for now.

During the public hearing session, it was pointed out that there was a wide discrepancy in the estimated value of the Subang Ria Park.

The Subang Jaya Municipal Council presented its private evaluator's report and president Datuk Adnan Md Ikshan said the land was worth RM165 million.

However, according to the Town and Country Planning Department, the land was valued at RM53 million; while an independent land evaluation study commissioned by Yeoh, stated that the land was worth RM15 million.

A resident said the land should not be evaluated based on its potential but on its existing value.

By : Sheila Sri Priya

Source : NST Street

Date Published : 10 January 2011