Urban Renewal Act: Progress or Pitfall?

Dr Consilz Tan, Research Fellow , Centre for Market Education

20-Mar-25 07:45

Pause
Embed

The proposed Urban Renewal Act continues to spark debate. Prime Minister Anwar Ibrahim reassures homeowners they’ll receive upgraded properties, fair compensation, and living support. Advocates, like Sim Tze Tzin, see it as a lifeline for the urban poor, citing the Mahsuri project. Yet, critics warn of potential land grabs. Will this Act truly drive equitable redevelopment and economic growth? Discussing this topic is Dr. Consilz Tan, Research Fellow at Centre for Market Education.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Wong Shou Ning, Philip See, Aisalli Ayub

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: markets, property, politics, government, controversies, Law/Activism

Tags: urban development, urban renewal act, homeowners, public housing, affordable housing, gentrification,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

David Chow, Director of Investment at Azure Capital tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Christopher Wong, FX Strategist at OCBC shares his analysis on the 2026 commodities outlook.

7:45 AM

Morning Brief

Dato' Foo Yong Hooi, President of Persatuan Agensi Pekerjaan Asing, explains why approved foreign worker quotas are not translating into actual worker arrivals.

8:00 AM

The Breakfast Grille

Captain Cheah Sin Bi, CEO of Orkim Berhad discusses the company's evolution, listing exercise as well as its plans for the RM92 million it hopes to raise.

8:30 AM

Morning Brief

Alan Cheong, Executive Director, Savills Singapore gives us an outlook for Singapore's property market in 2026.

8:45 AM

Morning Brief

Khor Yu Leng, economist from Segi Enam Advisers, discusses what the recent shifts in the palm oil industry mean for Malaysia.

9:00 AM

Opening Bell

(REPEAT) David Chow, Director of Investment at Azure Capital tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

Poonam Goyal, Senior Retail & eCommerce Analyst at Bloomberg Intelligence, breaks down Nike’s leadership moves, strategic pivots, and what it will take to restore growth.

10:05 AM

Open For Business

Ajoy Gopinath Prabhu, Symbiotica Specialty Ingredients

11:05 AM

P&L

Georg Chmiel, Chmiel Global Advisory

12:00 PM

Enterprise Explores

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

Selangor’s proposed Batu Arang waste-to-energy incinerator has sparked major community concern. Two residents explain the risks, the lack of official response, and why safer alternatives are needed.

4:05 PM

Health & Living

Many of us put off sleep and spend the night in front of screens, but how exactly is it affecting our brain? Tune in to find out.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

We speak to a Palestinian theologist about how Western Christianity and colonialism shaped Palestine, and the traditions of interfaith tolerance and solidarity that continue to define its society.

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture

PROGRAMMES