Urban Renewal Act: Progress or Pitfall?
Dr Consilz Tan, Research Fellow , Centre for Market Education
20-Mar-25 07:45
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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
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Categories: markets, property, politics, government, controversies, Law/Activism
Tags: urban development, urban renewal act, homeowners, public housing, affordable housing, gentrification,