PETALING JAYA: The rights of minority homeowners under the proposed Urban Renewal Act (URA) should not be ignored, says Selangor MCA chairman Datuk Lawrence Low.
Speaking at a joint press conference with non-governmental organisations to oppose the Bill at Wisma MCA in Kuala Lumpur, he said they should be privy to more information before having to make a decision.
“They should know who gets to decide on the implementation, which projects will be selected and what kind of criteria will be used in determining which developers will take charge of these projects,” he said
As it is, there are now more questions than answers, he said.
Low also questioned whether sufficient feedback was obtained on the URA from residents associations and NGOs before the Bill was tabled in Parliament.
Under the proposed law, redevelopment projects would need an 80% consent threshold for buildings less than 30 years old, 75% for buildings older than 30 and 51% for abandoned structures.
KL Residents Action for Sustainable Development (KLRA+SD), which represents 75 resident associations, was among the NGOs present.
