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KUALA LUMPUR: Communications Minister Datuk Fahmi Fadzil has urged the Kuala Lumpur City Hall (DBKL) to assess the historical elements to be preserved in the urban redevelopment of 139 identified areas.
The concept of redevelopment – where homeowners exchange their current property titles for a future home unit or monetary compensation – is relatively new in Malaysia. Despite this, many Kuala Lumpur residents have already experienced years of haphazard redevelopment attempts by developers and unscrupulous middlemen.
KUALA LUMPUR: IJM Corp Bhd has acquired a £72.5 million (about RM407.9mil) leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London's financial core.
THE OVERDUE redevelopment of Pasar Datuk Keramat in Kuala Lumpur is set to begin in the first quarter of this year, says Dr Zaliha Mustafa.
THE Bukit Assek redevelopment project in Sibu, Sarawak has been expanded from 201ha to 335ha.
KUALA LUMPUR: Putrajaya did not introduce the Urban Redevelopment Act (URA) in haste, as it has been an ongoing effort by the previous administrations since 2012, said Datuk Seri Anwar Ibrahim.
The proposed Urban Redevelopment Act (URA) introduces a consent threshold of 80% for properties under 30 years old and 75% for those over 30 years. This means a redevelopment project could proceed even if 20% (or 25%) of property owners object.
LONDON: Gamuda Bhd has signed a major property development loan facility, proclaimed as one of the biggest in recent years in the capital city here amounting to £500mil.
KOTA KINABALU: The Double Six tragedy, a defining moment in Sabah's history, could soon be given greater prominence as part of the upcoming redevelopment of Prince Philip Park at Tanjung Aru.
KUALA LUMPUR: The Transport Ministry expects the redevelopment of Kuala Lumpur Sentral Station (KL Sentral) to start early next year.
THE naming of 139 public and private properties in Kuala Lumpur for potential redevelopment is causing some owners sleepless nights.
WITH the government’s proposed Urban Redevelopment Act (URA) set to revitalise 139 ageing areas in Kuala Lumpur, including many of the city’s older walk-up flats, residents are bracing for significant changes in their financial commitments.
FOR Dzulkarnain Ariffin, his 36-year-old walk-up flat, Apartment Taman Sri Endah in Kuala Lumpur, is the culmination of years of hard work and sacrifice.
THE REDEVELOPMENT of Kampung Sungai Baru will spur the development of Kampung Baru, Kuala Lumpur, said Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa.
Belfast (Reuters) - The UK government on Friday said it will not fund the redevelopment of Northern Ireland's Casement Park in time for the 2028 European Championship.
KUALA LUMPUR: Sunway Real Estate Investment Trust (Sunway REIT) has awarded a RM255mil contract to Awangsa PMC Sdn Bhd (APMC) for the Sunway Pier redevelopment project at Port Klang, Selangor.
KOTA KINABALU: The once vibrant community of Tanjung Aru now faces an uncertain future due to redevelopment plans that threaten the homes of its longstanding residents.
SINGAPORE: Two land parcels totalling about 0.79ha owned by the Malaysian government will be acquired to facilitate the redevelopment of the Woodlands Checkpoint, says Singapore authorities.
THE number of owners required to agree to redevelopment under the proposed Urban Redevelopment Act was a matter of heated contention during a forum.
SINGAPORE: The Woodlands Checkpoint will be redeveloped and extended over the next 10 to 15 years, with the first phase of construction works set to begin in the third quarter of 2025
