Govt committed to ensuring Urban Renewal Act will not result in forced evictions or alter land status, says Anwar
“Under the proposed Act, the government has no right to relocate any owners.
“Under the proposed Act, the government has no right to relocate any owners.
KPKT is also proposing a consent threshold of a simple majority, which is 51% for abandoned projects to be redeveloped.
Malaysian regulations on redevelopment and, by extension, en bloc sales, must change, quickly.
HBA recognises the great diversity of mixed-use strata developments in Malaysia, with its many permutations of serviced apartments, medium-cost apartments, low- cost flats, office blocks, retail blocks, shopping mall, hotel, car parks and others.
PUTRAJAYA (May 4): The Department of Director General of Land and Mines (JKPTG) under the Natural Resources and Environment Ministry is currently exploring new ways, including changes in legislation, to facilitate strata property renewals or redevelopments in Malaysia.
SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than S$1.
当一栋房屋或是建筑物的经济寿命即将完结,这些建筑物的价值也会逐渐消失殆尽,值钱的反而是底下的地皮。 随着位于黄金地段的可发展土地日愈稀少,要在市区寻找发展用地,只能往老旧且经济价值接近尾声的全栋建筑下手。 Laurelcap Sdn Bhd董事Stanley Toh告诉TheEdgeProperty.