When ageing structures sit on valuable land, stakeholders often clash over what should replace them. Some developers may envision a residential offering while others may want another shopping centre, hotel or integrated development.
In Kuala Lumpur, it is a constant contest for increasingly valuable land. With vacant parcels dwindling, developers are sometimes left to choose between regenerating an existing building and bringing out the wrecking ball.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
