Friday, 15 November 2019

Kampung Baru! What Happened?

The background 

Originally, the residents were from Jalan Perkins, Kuala Lumpur, and had been there since the 1930s, or as said by the descendants, before the Japanese Occupation of Malaya. In 1951, a council to govern Pasar Minggu and Kampung Baru were established. The government decided to develop the area and moved the residents to Jalan Raja Muda Musa, Kg Baru, Kuala Lumpur.

They were resettled by the state government to the present area in 1965 in return for the cooperation of the residents for the modernization of Kuala Lumpur. Even Tengku Abdul Rahman dropped by to officiate the resettled area, and at the time Pasar Minggu was developed for $550000.

Later, in 1974, ownership of the land suddenly shifted from the state government, who were supposed to hold it as in accordance to the rules of the Council of Malay Agricultural Settlement, to PKNS, who applied successfully and paid RM RM97471 for a total area of 6.94 acres. PKNS then sold part of the land, a total of 156,207 sq ft to Dewan Bandaraya Kuala Lumpur for RM3,120,645.00, or an equivalent of RM20 sq ft in 1992.



The issue
So just recently, the government is reportedly studying on ways to purchase about 250 acres of land in Kampung Baru. According to, Federal Territories Minister, Khalid Samad, the govt is doing so to ensure a structured development in Kampung Baru. Now if this seems familiar, don't worry you’re not hallucinating.
The government claimed that the majority of the resident kampung Baru are agreed to sell. Is that true? But there are numbers of people do not agree to sell. 

However, this issue is still ongoing and do not end yet. The government give the best final offer for Kampung Baru landowner. The government's final and best offer to acquire Kampung Baru land is RM1000 per sq feet, out of which RM 150 per square feet will be in the form of shares. 

Federal Territories Minister Khalid Abdul Samad said the landowners will be offered a package of RM 850 per sq feet in the compensation option they want, and the remaining RM 150 will be in the form of shares in the special purpose vehicle (SPV) of the development project to be set up in the future.

This issue is very complicated and does not have the solution and answer yet. the price offered by the government is high but the owners still refuse to sell. 

What I can conclude the owners are too demanding and the government had tried their best to give the best price. I do understand the location of the land is very strategy and there are a few factors that why they do not want to sell. I hope that the government will do their best to make our beloved country, Malaysia better. 

What is the final answer for this unanswerable issue? 
let's wait and see what will happen.

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