MY Palace to cost US$258m

[Char_Azn]

KUALA LUMPUR - A MASSIVE new palace being built for Malaysia's king is expected to be completed next June, at a total cost of US$258 million (S$336 million), parliament has been told.

The 'Istana Negara', or national palace, which is taking shape on a hilltop in a Kuala Lumpur suburb is an enormous complex of dome-topped buildings linked to the city's highways with special access roads.

The palace sprawls over a 100,000 square metre site which was annexed in the 1990s in what has since become a prime residential area.

Works Minister Shaziman Abu Mansor said the palace is expected to be completed on June 30 next year, at a total cost of 797 million ringgit (S$336 million).

The figure has risen from an earlier allocation of 650 million ringgit, he said in a written reply issued on Monday after a query from the opposition.

'The additional allocation is needed to fulfil costs which were not included in the earlier contract, among them being the security system, utility payments and also interior decoration,' he said. The historic project also entails the construction of a highway flyover and an access road, at a cost of an extra 138.5 million ringgit.

http://www.straitstimes.com/BreakingNews/SEAsia/Story/STIStory_592536.html

Wonder why they bother to waste the money after so many years of independence

 

[middaydog]

[ KUALA LUMPUR - the palace is expected to be completed at a total cost of 797 million ringgit - risen from an earlier allocation of 650 million ringgit
The additional allocation is needed to fulfil costs which were not included in the earlier contract ]

You see, Malaysia also boleh !

 

[singveld]

lucky we are out of malaysian federation.

 

[halsey02]

lucky we are out of malaysian federation.

You mean, we will build a bigger one than that, if we are in the federation? maybe one as larger or equivalent as the emprerors of China built in Peking...by the name I can not mention, and you know who!

 

[singveld]

You mean, we will build a bigger one than that, if we are in the federation? maybe one as larger or equivalent as the emprerors of China built in Peking...by the name I can not mention, and you know who!

actually i prefer emperor lee than terrorist king. no comparison. it is lesser of two evil.

 

[halsey02]

actually i prefer emperor lee than terrorist king. no comparison. it is lesser of two evil.

Who is emperor lee? it is a name I can not mention & you know who...!!

 

[Coolsaint77]

The Istana (Lee's abode) is valued at more than a billion..

 

[Received_by_Kings]

lucky we are out of malaysian federation.

Be humble and don't be jealous of others that are obviously better than you.