1Sulaman

1Sulaman
General information
Status Unknown Status (indirect call, Abandoned)
Location Sabah
Address No. 1, Sulaman Road, 88400
Town or city Kota Kinabalu
Country Malaysia
Coordinates 6°2′47″N 116°8′52″E / 6.04639°N 116.14778°E / 6.04639; 116.14778Coordinates: 6°2′47″N 116°8′52″E / 6.04639°N 116.14778°E / 6.04639; 116.14778
Construction started 2009
Construction stopped 2016
Estimated completion 2012
Cost MYR160 million
Owner Sagajuta Sabah Sdn Bhd

1Sulaman is a mixed development project comprising condominium, water theme park, recreational landscape park and serviced suites. The project is developed by Sagajuta Sabah Sdn Bhd, and predicted to be completed in 2015.[1] However, due to several issues, the building remain unfinished until 2016, leading to the developer being sued by property lots buyers as well as from the Malaysian Inland Revenue Board.[2]

Lawsuit

On 21 June 2016, the Malaysian Inland Revenue Board’s sued the developer over its failure to settle its tax arrears totalling over RM8.5 million. The Sabah state government also have since declared the project as abandoned and will soon appointing a new developer to finish the project.[3][4]

References

  1. ↑ "1 Sulaman, Kota Kinabalu". PropWall.my. Retrieved 26 September 2016.
  2. ↑ "Lawsuit looms for incomplete 1Sulaman". Daily Express. 13 July 2015. Retrieved 26 September 2016.
  3. ↑ "1 Sulaman builder told to wind up, Sabah govt steps in". The Star. 23 June 2016. Retrieved 26 September 2016.
  4. ↑ Michael Teh (24 June 2016). "Liew committed to help 1Sulaman Condominium's purchasers". New Sabah Times. Archived from the original on 26 September 2016. Retrieved 26 September 2016.
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