QUOTE(grahamaker93 @ Dec 29 2020, 10:39 AM)
Hi Lowyat,
Thank you for stumbling upon my post. I'm posting because I need some help and perspective from the knowledgeable people in here.
Basically I live in a town in JB very very near to the new RTS station about to be built. I love this neighborhood even though it isn't exactly safe or pristine.
My late father left this house for us and we grew up here. It is a nice Semi-D house with around 6000 Sqft of land. I grew up here and I seen it transform from
a beautiful neighborhood to a neighborhood ruined by the people working across the causeway illegally parking in my neighborhood and literring away.
But with that said I still love this little home of mine, it is convenient and spacious and my family feels a deep bond with this house.
You can imagine my devastation when I saw an article on edgeprop that says that there is a high chance my neighborhood will be acquired by developers to be transformed
into a commercial zone. The young naive Malaysian in me died when I researched and found out that in Malaysia there is little chance to fight forced land acquisitions or ask
for fair compensations. Nothing is set in stone yet but I have already predicted that the acquisition will one day come and probably not too far into the future.
I am also sick with worry about a few major points:
1. We love the spaciousness of our home and we are worried we wouldn't be able to get another home that is somewhat still convenient location-wise and as spacious in the overinflated property market of JB.
2. My mother is 67 years old, should I start house hunting now before the prices go up further so my mum in her old age wouldn;t have to deal with the whole relocation down the line.
3. My father left us some assets and we have income from the business but I am too young and my income is not high enough to get bank loans, my mother gets aid from the shares of the business we are left behind but she is old and the banks wouldn't approve any loans for her. (Family business stuff, so it's complicated)
But mainly I want to know how you folks who have been through something like this navigated the situation and what I need to look out for.
Thank you for reading
Hi, I had the opportunity to learn about the Land Acquisition Act 1960 as part of my course. If the developer has the permission from the state authority, it means he can do it. The valuers would normally use comparison method to value your property. In this process, you can claim for disturbance claim as you are forced to relocate. In the act, it states the acquiring body shouldn't stand to gain from the acquisition and the landlord should be provided the amount he loses from disposing the property. Also, note that if it is a compulsory acquisition, the Land Administrator must provide a gazette.Thank you for stumbling upon my post. I'm posting because I need some help and perspective from the knowledgeable people in here.
Basically I live in a town in JB very very near to the new RTS station about to be built. I love this neighborhood even though it isn't exactly safe or pristine.
My late father left this house for us and we grew up here. It is a nice Semi-D house with around 6000 Sqft of land. I grew up here and I seen it transform from
a beautiful neighborhood to a neighborhood ruined by the people working across the causeway illegally parking in my neighborhood and literring away.
But with that said I still love this little home of mine, it is convenient and spacious and my family feels a deep bond with this house.
You can imagine my devastation when I saw an article on edgeprop that says that there is a high chance my neighborhood will be acquired by developers to be transformed
into a commercial zone. The young naive Malaysian in me died when I researched and found out that in Malaysia there is little chance to fight forced land acquisitions or ask
for fair compensations. Nothing is set in stone yet but I have already predicted that the acquisition will one day come and probably not too far into the future.
I am also sick with worry about a few major points:
1. We love the spaciousness of our home and we are worried we wouldn't be able to get another home that is somewhat still convenient location-wise and as spacious in the overinflated property market of JB.
2. My mother is 67 years old, should I start house hunting now before the prices go up further so my mum in her old age wouldn;t have to deal with the whole relocation down the line.
3. My father left us some assets and we have income from the business but I am too young and my income is not high enough to get bank loans, my mother gets aid from the shares of the business we are left behind but she is old and the banks wouldn't approve any loans for her. (Family business stuff, so it's complicated)
But mainly I want to know how you folks who have been through something like this navigated the situation and what I need to look out for.
Thank you for reading
You're allowed to appeal if you aren't happy with the compensation provided but it is only valid for measurement of land, person(s) who receive the compensation, amount of compensation and allocation of compensation.
Feb 7 2021, 09:39 AM

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