single-image

Cabinet to discuss Price Rate to Kampung Baru tomorrow

KUALA LUMPUR: The offer price rate to Kampung Baru landowners and benefactors will be discussed by the Cabinet at their meeting on Wednesday.

According to Federal Territories Minister Khalid Abdul Samad, he would bring the matter to the Cabinet and Prime Minister Tun Dr. Mahathir Mohamad to find the best solution for everyone.

“The discussion is at the Cabinet meeting, hope I could get some time to brief Mahathir and think of a way (solution).“We understand that everyone wants a higher price than what was offered but we need to find a reasonable price that will make the project viable,“ he said.

It was reported on Saturday that Khalid was quoted saying that the government had offered RM850 per square foot to landowners and benefactors for the redevelopment of Kampung Baru.

It was the highest rate assessed by the Valuation and Property Services department (JPPH) after taking into account the factors of maintaining the condition to retain Malay ownership, Khalid said.

He added that the government did not rule out the possibility of considering a higher price offer for the purchase.

Read more related articles about Malaysia Political News: https://www.malaysianow.net/politics/

Follow us on Facebook and stay up to date with the latest content

You may also like