Proposed 10 storey office building Lot 200, Mukim of Kuala Lumpur W. Persekutuan / Abdul Haizul Faisal Abdul Hamid

The vacant commercial land located at Lot 200, Mukim of Kuala Lumpur is presently zoned for residential area. The owner of the subject property had applied to Kuala Lumpur City Hall to convert the present land into commercial use. Within that period the owner has to submit his full report on the future development of the vacant land. As this report is basically based on academic terms, it is assumed that the owner has succeeded in getting his application approved within a few weeks. It is also assumed that the land is viable for office development. Hence my feasibilities study of the proposed commercial vacant land and the valuation of this subject as mentioned above which I have compiled in this report.