Good news for Kg Baru land owners on Thursday?

Dr Mahathir Mohamad says land in Kampung Baru, Kuala Lumpur, will be sold to a government agency to be developed.

KUALA LUMPUR: A detailed announcement on land acquisition in Kampung Baru will be made on Thursday at the Kuala Lumpur City Hall (DBKL), said Federal Territories Minister Khalid Abdul Samad.

He said he had discussed the issue with Prime Minister Dr Mahathir Mohamad and Kampung Baru Development Corporation (PKB).

“During my meeting with the board members of PKB, I found that they all looked upbeat and confident with what was going on.

“Many were optimistic and positive. Insya Allah (God willing), what will be presented will be successful. All details will be revealed on Thursday,” he said at a press conference after the 50th DBKL Enforcement Day celebration at Dataran Merdeka here today.

Asked if the announcement was good news and an improvement over what was offered to the land owners, he said it had to be better, “if not, there is no need to hold a press conference”.

On Oct 6, Mahathir said the land in Kampung Baru would be sold to a government agency to be developed, not to other parties.

He said the government agency would help the land owners develop the settlement without neglecting its original features.

The government had, on Sept 21, offered to buy the land at RM850 per sq ft. However, most of the land owners felt the offer was unreasonable given the strategic location of the settlement and asked the government to review it.