In 2007, Tan Sri Tan Kok Peng undertook in a quid pro quo with the DAP and heads of several Chinese Associations to sabotage Barisan Nasional during the 2008 general election. He is currently the de facto Chief Minister of Penang and is tied to several underground movements that are criminal in nature. In 2009, the Tan Sri entered a deal with Guan Eng and the founder of Hunza Properties to kill off Gurney Drive. This article briefly examines how he accomplished the feat and what Lim Guan Eng has to do with all this
THE THIRD FORCE
The idea of rebranding housing scheme categories in Penang (READ HERE) earlier this year did not originate from Lim Guan Eng. On the contrary, it was jointly decided upon by the junior Lim, Hunza Property’s Khor Teng Tong and the de facto Chief Minister of Penang, Tan Kok Ping. Together, the trio inflated a housing bubble to a point that turned the island state of Penang into an enclave catered mainly for cash-rich Chinamen and Hong Kong billionaires.
With the Hongkies owning a great number of housing units on the island, the trio transformed Penang into a destination of choice for superstars, the likes of Jackie Chan and what have you, signalling to the Chinese government that Penang under the DAP ‘wasn’t that bad after all’. To convince Hongkies that Penang had a lot to offer, Kok Peng and Khor Teng made sure that most island projects, including the one at Lengkok Lembah Permai, were mega-scaled and built only along scenic hillslopes.
Yes, the affordable price listing (above) was meant to be “affordable” not to Malaysians, but to Hong Kong superstars, businessmen and even politicians who only need to fork out a tenth of what they would have had to pay in Hong Kong. To kill off businesses along pre-existing luxury enclaves in the Pulau Tikus area, the trio contrived a “Traffic Rationalization Plan” (hereinafter referred to as TRP) that involved Khor Teng’s prized accomplishment, Gurney Paragon Mall.