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A New Dawn for Malaysia’s Urban Landscapes: Simplifying the Urban Redevelopment ActRead Article

Housing And Local Govt Minister: Ministry In Final Stage Of Drafting First Urban Redevelopment Act

VPC Alliance (Kajang) Sdn. Bhd. by VPC Alliance (Kajang) Sdn. Bhd.
March 18, 2024
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A New Dawn for Malaysia’s Urban Landscapes: Simplifying the Urban Redevelopment ActRead Article
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Table of Contents

  • 1. Introduction: Setting the Scene
  • 2. Story: Navigating Urban Renewal
  • 3. Technical Insights & Examples
  • 4. Conclusion: A Vision for the Future
    Malaysia is at a pivotal moment in its urban development journey, with the Urban Redevelopment Act promising to transform cityscapes while preserving cultural heritage.

1 Introduction: Setting the Scene

  • Background: The Urban Redevelopment Act is Malaysia’s response to the challenges and opportunities presented by rapid urbanization.
  • Key Players: Over 50 delegates from various fields including architecture, town planning, law, and government, spearheaded by the Rehda Institute, played a crucial role in shaping this initiative.
  • Objective: To address urban decay, slum development, and heritage conservation through comprehensive redevelopment strategies.

2 Story: Navigating Urban Renewal

  • Urbanization Concerns: Projected increase in urbanization from 78% to 84% by 2040 highlights the urgency for comprehensive urban planning.
  • Act’s Foundations: Inspired by insights from a study tour by Rehda Institute, involving over 50 professionals across various sectors.
  • Key Strategies:
    • –> Urban Redevelopment: Demolish and rebuild deteriorating areas.
    • –> Urban Regeneration and Revitalisation: Inject new life into old neighborhoods.
    • –> Urban Reconservation: Preserve and maintain heritage sites.

3 Technical Insights & Examples

  • Targeted Areas for Redevelopment: Identification of 139 potential sites covering 1,372 acres signifies the scope of transformation.
  • Economic and Safety Goals:
    • –> Investment Potential: Opening avenues for significant investments, with expectations to significantly boost the Gross Development Value (GDV).
    • –> Fire Safety: Addressing wiring issues to mitigate fire risks, which previously resulted in RM2.62 billion in losses.
  • Heritage Conservation Efforts:
    • –> Historic Taiping Market: An example of urban reconservation, where the first public market in Malaya, built in 1874, undergoes restoration to preserve its historical essence using original materials.

4 Conclusion: A Vision for the Future

  • Legislative Progress: Awaiting Parliament’s approval, the Urban Redevelopment Act is set to revolutionize Malaysia’s approach to urban planning.
  • Expected Outcomes:
    • –> Changing Skylines: Facilitation of urban investment to revitalize city landscapes.
    • –> Heritage Preservation: Emphasizing the importance of maintaining cultural heritage through projects like the Taiping Market restoration.
  • Balanced Approach: The Act represents a holistic strategy, aiming for economic development, safety improvements, and conservation of historical landmarks.
DISCLAIMER The information provided in the blogs, articles, case laws and news postings on the VPC Alliance (Kajang) Sdn. Bhd. website is intended for general informational purposes only. While we strive to ensure the accuracy and reliability of the content, we cannot guarantee that it is always up-to-date, complete, or error-free. The views and opinions expressed in these materials belong solely to the respective sources and do not necessarily reflect the views of VPC Alliance (Kajang) Sdn. Bhd. We do not accept any liability for any loss or damage incurred from the use of or reliance on the information provided. Readers are encouraged to verify the information independently and consult relevant professionals for specific advice or assistance.
Source: Malay Mail: Housing And Local Govt Minister: Ministry In Final Stage Of Drafting First Urban Redevelopment Act
Tags: BlogNews
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