KUALA LUMPUR: The upcoming Urban Redevelopment Act announced by Housing and Local Government Ministry aims to address the safety of older strata residential buildings constructed many years ago.
Real Estate and Housing Developers' Association (Rehda) Malaysia president Datuk Ir Ho Hon Sang said the Act will provide clearer guidance for urban renewal projects.
He said the initiative is expected to revitalise the property landscape in Malaysian cities, particularly in areas with a high number of old dilapidated buildings.
"Due to its age, rundown buildings are 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," Ho said in a statement today.
He said buildings have a natural lifespan, and eventually, there comes a point where repairs are no longer sufficient, making renewal necessary.
"Although the details 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," the president said.
Ho expressed Rehda's hope that the new bill will enhance Malaysia's international reputation, making its cities more sustainable and comparable to major global cities.
On Sept 10, the government announced plans for a draft urban development bill, which will include "consent thresholds" for redevelopment projects.
Currently, full approval from residents is required, but Housing and Local Government Minister Nga Kor Ming proposed new thresholds: 80 per cent approval for buildings under 30 years old, 75 per cent for those over 30, and 51 per cent for unsafe or abandoned properties.
Nga stated that the act will ensure urban development remains sustainable and safe for residents.