KUALA LUMPUR, Aug 28 — The Perikatan Nasional administration has rescinded its predecessor’s offer to acquire Kampung Baru land at a price that would have made some owners instant millionaires, Federal Territories Minister Tan Sri Annuar Musa revealed today.
The Umno leader said the new government could make fresh offers under a development proposal that would be “more participatory” and which will be announced soon.
Annuar, the MP for Ketereh, said the decision to cancel the initial offer of RM1,000 per square foot for each plot of land was due to the previous Pakatan Harapan government’s inability to reach a consensus with all Kampung Baru landowners.
Just over half had agreed to sell their land, according to the minister.
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