Transaction news in Glenmarie Shah Alam Selangor

1. Businessman says he only learnt shoplots were Bumiputera lots 16 years after buying

   33 minutes ago New Straits Times Kota Damansara Signature Park, Kota Damansara, Selangor 7.6 km

   A 61-year-old businessman says he bought two four-storey shoplots at Kota Damansara Signature Park in 2010 without being told they were Bumiputera lots, and found out only when he tried to sell one. He has lodged a police report against the developer and says he must now pay the Selangor government to convert the property to non-Bumiputera status.

2. Kwasa Land seeks approval to turn 60 acres of commercial land in Kwasa Damansara into homes

   1 day ago The Edge Malaysia Kwasa Damansara, Petaling Jaya, Selangor 6.8 km

   Kwasa Land, an EPF subsidiary, plans to convert about 60 acres, or 13%, of commercial land in Kwasa Damansara into residential plots, pending local authority approval. The move aims to rebalance the township's master plan after market studies showed the commercial component was too high. The township targets over 60,000 residents in five years and 100,000 by 2050.