PETALING JAYA : An aide to Prime Minister Anwar Ibrahim has given an assurance that homeowners affected by the drive to address urban decay under the Urban Renewal Act (URA) will receive fair compensation to enable them to purchase their redeveloped homes. Tunku Nashrul pointed out that this is a departure from the current system where the compensation is determined by consultants or the court based on prevailing market value. “Beyond the higher compensation in comparison with current methods, the Act will also provide for various forms of financial support, such as rental payments for transit housing, ex-gratia payments for property renovations, and other allowances to help sustain homeowners during the construction period,” Tunku Nashrul said.