KUALA LUMPUR, Nov 15 — The government has approved a 99-year lease renewal for the Kuala Lumpur and Selangor Chinese Assembly Hall (KLSCAH), with the land premium fixed at a nominal RM1,000, a significant reduction from the earlier estimated premium of approximately RM4.67 million.
Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh, in a Facebook post today, said the decision reflects the Madani government’s commitment to safeguarding Kuala Lumpur’s historical landmarks and ensuring that institutions of heritage significance can continue to serve future generations.
She said the nominal premium was approved following Prime Minister Datuk Seri Anwar Ibrahim’s commitment to give special consideration to the preservation of the historic building, after visiting the hall during a Chinese New Year celebration on February 17.
