Urban regeneration, urban renewal and urban redevelopment have been terms thrown about as something of a selling point but the impact runs much deeper than just dollars and cents. Recently, the Local Government Development Ministry revealed that urban renewal efforts are governed by at least 9 separate legislations along with the involvement of various ministries, state authorities and agencies. There are plans to streamline this especially so since Budget 2024 also included incentives to encourage urban renewal efforts. Keith will be talking to Hamdan Abdul Majeed, the managing director of Think City, as well as Datuk NK Tong the president of the Real Estate & Housing Developers' Association Malaysia, to get some thoughts from them.

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