THE Federal Territories Ministry is optimistic that the Kg Baru Development Plan will be finalised by June this year, based on feedback received from landowners.

Its minister, Khalid Abdul Samad, said he has directed Kg Baru Development Corp to hold group meetings with landowners to discuss outstanding issues.

“These small group meetings have been held since early last month, and we have met nearly 50% of the 5,374 landowners in Kg Baru.

“From the total, 97% said they are ready to sell their lots to pave the way for the Kg Baru Development Plan and, Insya Allah (God Willing), we will finalise it in the next six months,” he said at the Khalid Samad Cup Unity Football Championship in Shah Alam today.

Khalid said the ministry is prepared to take the necessary steps if it fails to get 100% approval from the landowners.

“However, we are confident with the new offer, we will get the approval from all the landowners.” 

The government had announced a new offer of RM1,000 per sq ft as the final price for buying over land in Kg Baru, compared with a RM850 per sq ft offer previously.

Of the total, RM150 per sq ft of the purchase price will be paid in the form of stakes in a special purpose vehicle (SPV) that will be set up to facilitate the redevelopment.

On the football event organised by the Shah Alam Amanah, Khalid, who is also Shah Alam MP, said 16 teams participated in the championship, which was held for the first time.

He said sports events were perfect platforms for cultivating the values of unity among Malaysia’s multicultural society. – Bernama, January 12, 2020.