Lim Guan Eng kantoi a second time


Lim-Guan-Eng

GUAN ENG: I DON’T KNOW BUNGALOW MARKET VALUE

(FTM) – Lim Guan Eng said today he did not know the market value of the bungalow he bought last year for RM2.8 million. Speaking to reporters invited to view his house, Lim said he was not a property agent.

Lim, who is leader of the DAP and chief minister of Penang, said the price had been agreed between him and the previous owner in 2012.

He said he had not taken it up as he was unsure whether he would be re-elected in the general election the following year, according to Star Online.

He was quoted as saying that the owner had agreed to hold the price at RM2.8 million, based on an understanding with his wife Betty Chew.

“I would not know the price. There was a verbal understanding,” he was quoted as saying.

The house is a double-storey bungalow on 10,000 sq ft of land at No 25 Jalan Pinhorn, off Green Lane in George Town. In Parliament on Thursday, Shahbudin Yahaya, MP for Tasek Gelugor, had said the price was below market value, quoting a figure of RM6-RM6.5 million for comparable houses.

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