Why has the current DAP/Pakatan Rakyat state government rejected the suggestion that it acquire the land under the Land Acquisition Act?
Based on the current market price, it has been estimated that to forcibly acquire the land would cost the state more than RM100 million, a quarter of the state’s budget of RM371 million. This is a sum that the citizens of Penang simply cannot afford for 24 houses. Those who claim that the acquisition of the Kampung Buah Pala land would cost RM30 million or less are mistaken. Under the law no state government in Malaysia is allowed to acquire land at a sum far below the market price, even for the ‘public interest’.
Related Questions
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