Housing and Local Government Minister Zuraida Kamaruddin said her ministry will pay compensation for the 24 cancelled projects under PR1MA Corporation Malaysia (PR1MA).
She noted that the compensation payment would depend on the land’s value.
“Most of the land was purchased by the ministry. Only some have made an offer letter at that time, that is, they have done the initial work. We will take that into account. If any work has been done, we will compensate,” Bernama quoted her as saying after handing over three-ply face masks for the Ampang parliamentary constituency at Dewan Kampung Sri Tanjung, Kampung Melayu Ampang.
She explained that the projects were cancelled after it was found that the lands were not suitable and strategic since they were far.
“We will see what can be done with the land,” she said.
Zuraida said the PR1MA project was coordinated under the National Housing Department system that includes Syarikat Perumahan Negara Berhad (SPNB) and the Malaysian Civil Servants Housing (PPAM).
“In coordinating this, we want to ensure that there are no further losses and we acquire good land to develop. The approach is for PR1MA to reduce losses. Certainly we will not make a profit with this project. What we are doing is minimising losses,” she added.
Zuraida had earlier announced that 24 out of the 94 PR1MA projects had been cancelled. The other 70 projects would continue as planned.