Urban Renewal Implementation Guidelines – What’s in it for developers?
The guidelines function as a strategic tool, inviting developers and relevant parties to revitalise areas with untapped potential through a set of attractive incentives.
The guidelines function as a strategic tool, inviting developers and relevant parties to revitalise areas with untapped potential through a set of attractive incentives.
KPKT is also proposing a consent threshold of a simple majority, which is 51% for abandoned projects to be redeveloped.
A new Act will surely come with its own set of challenges, but is KPKT capable of monitoring it when it has not been able to resolve the current spate of problematic projects? The Ministry of Local Government Development (KPKT) has recently announced that the Urban Renewal Act will be tabled next year.
“You also need support and to work in partnership.
ParkCity Group CEO Datuk Joseph Lau said PLANMalaysia’s recognition underscores ParkCity’s commitment to sustainability, which is very much ingrained in the group’s brand DNA.
To incentivise towns and cities to transition into Smart Cities, the Ministry of Local Government Development (KPKT) will provide a RM200,000 grant to local authorities that win the Malaysia Urban Planning Awards (MUPA) starting next year.
The leasehold piece of industrial land, measuring 14,294 square meters, is located within the PKNS Setapak industrial area in Kuala Lumpur.
No rightful homeowner should be disadvantaged in any scheme in the name of redevelopment, rejuvenation or revitalisation when there are plenty of reasons such a move is unnecessary.
“A city for all is important, and that is now the focus for Kuala Lumpur.
Norliza Hashim, URBANICE Malaysia CEO: For Malaysia, we are already an urban nation.