Malaysia Oversight

Nearly RM63m paid to 72pct of Kg Sg Baru owners, says developer

By MkiniEN in September 12, 2025 – Reading time 1 minute
Nearly RM63m paid to 72pct of Kg Sg Baru owners, says developer


The developer of the Kampung Sungai Baru redevelopment project in Kuala Lumpur has paid out RM62.57 million in compensation to owners and stakeholders so far, said Kampong Bharu Development Corporation CEO Khairul Nizam Othman.

He stated that the compensation sum was determined by the Federal Territory Department of the Director-General of Land and Mines based on the First Schedule of the Land Acquisition Act 1960.



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