KUALA LUMPUR: The Kampong Bharu Development Corporation (PKB) has denied claims that the land and PKNS flats unit owners in Sungai Baru, Kampung Baru, here, need to vacate their homes within 42 days.
PKB, in a statement, explained that the 42-day period was for the homeowners involved to submit their objections to the land acquisition enquiry.
It also said homeowners in the area involved had gone through the consultation process with the developer since 2016, with the first owner signing an agreement on Aug 8, 2016 to study and consider the offer of redevelopment on a joint-venture basis with the developer.
According to the statement, the developer was still in consultation with the owners of units at the Sungai Baru Flats to seek a solution to the issue of compensation to ensure a fair redevelopment process.
“The land acquisition involves a legal process. The investigation to finalise the amount of compensation for the terrace lots have not been carried out by the lands and mines department yet.
“Based on the principle to determine compensation, a sufficient amount should be paid to the owners based on the property market value,” it said.
Claims on low compensation, and the call by residents for the government to intervene in the issue of compensation and the need to vacate their homes have gone viral on social media.
In 2016, the developer was invited by the Kampong Sungai Baru landowners’ association to submit a development proposal for the Sungai Baru area.
This redevelopment project will involve 382 units, comprising 64 terrace lots and flats with 264 homes.