UDA Holdings Berhad, which is hoping to develop its land in Tanjung Tokong but has been embroiled in a long stand-off with residents who refused to move, will finally be able to get its RM80 million development project going.
The company is in the process of drafting agreement letters with regard to home ownership for 1,043 families in Tanjung Tokong.
UDA Land (North) Sdn Bhd chief operating officer Kamarudzaman Mohd Zain said at present, 76 per cent of residents have moved to the transit homes.
He said the agreement letters would be completed by next week and would be given to the families, so as to ensure the remaining ones can move as soon as possible.
"To date, only 80 families who occupy 32 houses are still staying within the resettlement site.
"We have discussed with the families through the Economic Planning Unit (EPU), and we are in the process of drafting the agreement letters," he said in a briefing here recently.
The agreement letters were requested by the families, in addition to the offers for the houses, as they had no confidence in UDA, he said.
UDA's offer involves four categories of ownership, namely, former temporary occupation licence (TOL) holders, unnumbered houses, heirs of former TOL holders and tenants.
He said former TOL holders would get a free 79 sq m house, RM3,500 and RM1,000 when moving to the permanent settlement and transit homes respectively, or if they did not want to do so, they could rent elsewhere with a monthly RM500 rental subsidy.
"As for those unnumbered houses and heirs of former TOL holders, the offers are a free 74 sq m house, RM2,000 and RM1,000 when moving to the permanent settlement and transit homes respectively or if they wanted to rent elsewhere, they would get a RM300 rental subsidy.
"For those who have been renting for more than 10 years at the time of the 2003 census, they are qualified to buy a 74 sq m house at a 45 per cent discount or RM23,100," he said.
Kamarudzaman said UDA had disbursed RM600,000 since 2009 as moving allowances, rental subsidies and house management for those who had moved.
He noted that once all the families had moved out, UDA could begin its development work by year end. Construction work is estimated to take about two years.
The 250-year-old Kampung Tanjung Tokong had existed as a fishing settlement even before the former British colonialists first landed in Penang in 1786.