KUALA LUMPUR: Consent is needed from more than half of property owners living in housing areas that are identified for urban redevelopment for the project to take off under the Federal Territories Ministry’s Urban Renewal programme, says Tan Sri Annuar Musa (pic).
Tan Sri Annuar Musa said at least 50% of owners must agree to the project, while those who did not consent would instead have their units acquired using existing provisions.
“It would be almost impossible to get 100% of owners to consent for this type of project. Sometimes, it is a case of the owners being deceased or have moved away and cannot be located.
“But, we do not want this to hinder the redevelopment project.
“We encourage developers to at least get more than half of the owners to agree, but for the remaining owners, we will facilitate them to acquire either the individual strata titles or the entire area for rebuilding, ” he said, adding that some of the provisions would fall under the National Land Code.
He said this during a virtual launch of the Kuala Lumpur Urban Renewal guidebook on Friday (Jan 29).
The prepared book details the guidelines for interested parties who are looking to redevelop aging areas under the Urban Renewal programme.
About 30 locations in Kuala Lumpur where old flats, including those built by private developers, have been identified as needing to be redeveloped.
Annuar added that under the programme, each unit owner who consented would receive a new replacement unit at no additional cost. - Star
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