RM10 Billion Land
Happy Friday to you guys and peace be upon you again from Kesion Malaysia. We’ll be sharing about Kampung Baru in Kuala Lumpur this time. If you look closely at the house it looks like a normal kampung house right? Apparently not the land, as was stated by Khalid Samad, Malaysia
Regional Minister.
Kampung Baru or “Kampong Bharu” (meaning “New Village”) is a Malay enclave in central Kuala Lumpur, Malaysia. One of the most valuable tracts of land in the capital, it has been estimated to be worth up to US$ 1.4 billion. Kampung Baru’s elders have turned developers away, saying they want to preserve their ethnic Malay lifestyle.
Colonial British administrators gazetted Kampung Baru as a Malay agricultural settlement in 1900 to allow the Malays to retain their village lifestyle within the city. Since then Kampung Baru has held out against development and modern-city living, turning into a political symbol of Malay culture.
The area held a special place for Malay politics during the pro-independence movement that grew up after World War II. Anti-colonial protests were held there, and founders of Malaysia’s dominant political party, the United Malays National Organisation, held their early meetings there.
The federal government is looking for ways to buy existing land in Kampung Baru for the settlement of Malay in Kuala Lumpur.
Regional Minister Khalid Samad said the purchase of the land was to ensure a more orderly and comprehensive redevelopment of the golden triangle area
“It’s a shame to show foreign tourists that this is the Malay area (in the heart of the city), like squatter villages where the land (here) is quite valuable and its owners should all be regarded as millionaires but can not leverage on the value of the property,” he said. Khalid said so far 80 percent of the owners agreed with the proposed proposals and were confident that all involved would cooperate with the government.
All we can say is, many parties are looking forward into what’s gonna be developed next in Kampung Baru. Would they maintain the Malay culture while more modern cities are build?
Anyway, hope this content give you guys a new knowledge or info about the RM10 Billion Land in the middle of Kuala Lumpur City.
Till we meet again on the next content ya.
Take Care~