KUALA LUMPUR: The Government is not acting as a broker in the proposed plans to develop Kuala Lumpur’s Kampung Baru, says Federal Territories Minister Khalid Abdul Samad (pic).
“The land is not being purchased based on speculation as we are the government and not a commercial company.
“I am not a broker as the price is based on current valuation done by the Valuation Department,” he said when answering a supplementary question raised by Awang Hashim (PAS-Pendang) in Dewan Rakyat on Tuesday (Nov 19).
Earlier, Khalid retracted his statement when he described Awang’s question as mere babbling, resulting in an exchange of words between the two lawmakers.
“How can you say I am babbling when I am asking a question as an MP in the interest of the rakyat?” Awang said, adding that Khalid should answer his question as a minister rather than passing such remarks.
Awang had asked how much would the land in Kampung Baru be worth following plans to develop the Saloma Link Bridge connecting it to several parts of the inner city.
Earlier to a question by Fahmi Fadzil (PH-Lembah Pantai), Khalid informed the House that 35% of registered landowners in Kampung Baru have so far responded to the offer of RM1,000 per square feet.
“Of this, 97% are agreeable to the offer while over 60% of landowners have not responded,” he said.
Khalid said this in reference to the RM850 maximum cash offer with the remaining RM150 to be by way of shares in a special purpose vehicle (SPV) to be set up to facilitate redevelopment of the area.
He noted that only 62 hectares of land held by landowners would be earmarked for development out of the estimated 89 hectares in Kampung Baru.
He said some nine hectares would be set aside to develop a cultural park to preserve and showcase Malay Islamic culture of the village.
This, he added, included the relocation and preservation of 11 homes identified in Kampung Baru.
The plans of redeveloping the 120-year-old village, a Malay agricultural settlement, has been mooted over the past few decades.
However, owing to the sheer number of landowners, some of whom are unregistered and embroiled in ownership disputes, have complicated plans to redevelop the enclave.
This story is exclusively For StarBiz Premium subscribers only.