'We will start with a few assets only, primarily Makati central business district assets, basically offices,' Ayala Land senior vice president says.
Keputusan dibuat setelah melakukan kajian, pembentangan kepada perdana menteri dan Kabinet serta perbincangan dengan Kementerian Kewangan.
He says he has 'found other better financial instruments' to develop and improve ministry facilities.
The health minister aims to raise some RM3 billion to buy sophisticated machines in public hospitals.
One Bangkok broke ground in March and the first phase is due to open in 2022, with the rest complete possibly around 2025 depending on demand
Despite various incentives currently offered to potential buyers, the market is still not picking up.