Urban Redevelopment Act will provide structured guidance to renewal efforts – Rehda
President Datuk Ir Ho Hon Sang: “Due to its age, a rundown building is not aesthetically a representation that we want in our major cities. But most importantly, these buildings may likely pose hidden dangers unknown to the residents, and rejuvenating it is the most sensible move to ensure nothing untoward will happen.”
KUALA LUMPUR (Sept 13): The enactment of the Urban Redevelopment Act will provide a more structured guidance to renewal efforts to rebuild urban areas.
Real Estate and Housing Developers’ Association Malaysia (Rehda) is of the view that the Act “will also breathe new air into the property landscape in Malaysian cities, particularly in areas with a high number of old dilapidated buildings”.
President Datuk Ir Ho Hon Sang stated in a media release that such measure will ensure the safety of strata residential buildings that were built many decades ago.
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He explained that “this is the natural course of life for buildings, as like most things, they are not meant to last forever and there is only so much repairs that can be done before renewal is needed to take place”.
“Although the detail of its implementation mechanism is still being worked out, we hope that the rakyat’s voice will not be left out in decisions concerning their shelter and home,” added Ho.
He also expressed Rehda’s hope that with the Urban Redevelopment Act, Malaysia and “its cities will further improve their international standing as sustainable world-class locations comparable to major cities around the world”.
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Source: EdgeProp.my
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