Did Penang under PH sell less land for higher revenue than BN?

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Penang Under Pakatan Harapan Sold Less Land for Higher Revenue Than Barisan Nasional

The Pakatan Harapan (PH) state government in Penang sold significantly less land compared to the previous Barisan Nasional (BN) administration, yet generated higher revenue from these sales. This achievement is attributed to the implementation of an open tender system for land disposals under PH.
Land Sales Volume Discrepancy

During its tenure, the PH state government in Penang sold a total of 106 acres of land. This figure stands in stark contrast to the 3,661 acres of land sold by the preceding BN administration in Penang. The volume of land transacted by PH was therefore substantially lower, representing a mere fraction of the land disposed of by BN.
Revenue Generation Through Open Tender

Despite the considerably smaller acreage of land sold, the PH state government managed to generate higher revenue from these transactions. This improved financial outcome is directly linked to the procurement method employed. Land sales under the PH administration were conducted through an open tender process, which typically fosters greater competition and can lead to more favourable pricing for the seller.
Comparison of Financial Performance

The comparison highlights a key difference in the financial management of state assets between the two administrations. While BN sold a much larger quantity of land, the revenue generated from these extensive sales was evidently surpassed by the revenue secured by PH from selling a much smaller parcel. This suggests a more efficient and potentially more profitable approach to land asset management under the PH government.

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Did Penang under PH sell less land for higher revenue than BN?

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