Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that the government is prepared to refine and amend the proposed Urban Renewal Bill 2025 (URA Bill), ahead of its second reading in the Dewan Rakyat.
Urban challenges such as loneliness and depression could be addressed through better city projects that encourage social interaction and well-being.
All the boxes are ticked: freehold, low-density, future-oriented multi-generational landed residences with a prime address, nestled in a spacious and serene hillside sanctuary.
Surrounded by innovation hubs, universities, business parks, medical centres, and retail conveniences, the development offers access to a thriving ecosystem of over 800 companies, including top multinational corporations, tech firms, and government agencies.
The Malaysian Bar has urged the government to defer the second reading of the Urban Renewal Bill 2025 (URA Bill), joining a growing chorus of critics warning that the proposed law could undermine homeowners’ rights and displace vulnerable communities.
Noteworthy:
When: March 2025
The call comes after the PAC urged the government to overhaul Kuala Lumpur’s land development system, citing serious issues including unchecked approvals, ignored public objections, and the sale of public land below market value.
Loke said the project is now in its final phase, with track infrastructure fully completed.
Such a move would dampen the capital city’s gross domestic product heavily dependent on the construction and property-related services sectors, she said.
The government will offer incentives to property developers that adopt the ‘build and sell’ policy, with the aim of eliminating abandoned projects by 2030.
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