News by Monch Farid

The Urban Renewal Implementation Guidelines (GPP PSB), launched by the Housing and Local Government Ministry (KPKT) in September last year is seen as a precursor to the Urban Renewal Act, which is expected to be tabled  this year. 

Think City is leading the urban revitalisation of downtown Kuala Lumpur (KL) with the Kuala Lumpur Creative & Cultural District Strategic Masterplan (KLCCD).

Tan said there are a lot of initiatives and some good signs such as the revival of abandoned projects from the last two to three years.

The Urban Renewal Implementation Guidelines (GPP PSB) introduced by KPKT last September stand as a pivotal reference for developers and stakeholders who are interested in urban renewal projects. 

Throughout 2023, EdgeProp has delivered numerous industry stories to ensure you stay well-versed and empowered in navigating the property landscape. Dive into the highlights below as we bid farewell to the passing year.

Poorly managed property will affect the value of your property development versus a well-managed one.

The government’s requirement for energy audits of all commercial buildings will drive the market towards greater compliance towards sustainability guidelines, said Local Government Development Minister Nga Kor Ming.

Embarking on a journey to buy your first home is an exciting adventure filled with hope of a future enveloped in comfort and security.

Nga said that the current Act requiring 100% consent is a “mission impossible” for many. 

A total of 129 projects were submitted for the MIP MyPlace Awards 2023, which was a record-breaking milestone for the national town planning body, said Malaysian Institute of Planners (MIP) president Datin Noraida Saludin at the recent award ceremony.