The government is confident that property owners in Kampung Baru will take up its offer of RM1,000 per square foot, as this is the highest amount offered for Malay Reserve Land anywhere, said Federal Territories Minister Khalid Abdul Samad.

The RM1,000 per square foot offer is equivalent to RM43.5 million per acre, he said at a press conference in Putrajaya today with Kuala Lumpur mayor Nor Hisham Ahmad Dahlan present.