quote:Originally posted by TI:quote:Originally posted by Rahmah bin Jabr:
The market value of a house lot at Sparendaam is US$200,000.
That's $40 million alone for a house lot.!!!!
In that case house and land for $100 million in Georgetown is not that exhorbitant then.
Why the hue and cry about Jagdeo house?
The ocean front house lots at Sparendaam are very valuable. It's a very exclusive neighborhood. You don't find people like SuperMike living there.
Location, location, location.
Jagdeo misappropriated 2/5 acres of this land and only paid US$25,000 for it when its market value was close to US$1 million.