On Jan 23, the Madani Cabinet took the rare step of withdrawing the Urban Renewal Bill (URA Bill)—originally slated for its second reading in Parliament—for comprehensive revision.

The proposal to use a 30-year building age as a redevelopment trigger under the Urban Renewal Act (URA) Bill (now in Parliament) remains fundamentally unsound, even with the Housing and Local Government  (KPKT) Minister Nga Kor Ming’s latest suggestion of “reviewing” it.

Under a collective banner branded as the East Coast Economic Region (ECER), the states of Kelantan, Terengganu, Pahang, and Mersing and Segamat in Johor are becoming a driving force in strengthening the country’s industrial base to attract high-value investments.

Helmed by Binastra Land Sdn Bhd, a well established real estate developer with a proven track record, Binastra Business Park Pulau Meranti II @ Puchong rises as a new industrial icon in Malaysia.

The proposed Urban Renewal Act (URA) Bill 2025, recently tabled in Parliament, could fundamentally reshape Malaysia’s property landscape. While initially perceived as targeting old strata developments, the URA’s language is actually wide enough to include landed residences, business premises, and commercial properties, especially those more than 30 years old.

What are the key factors to ensure a shopping mall’s success? Typical answers often include strategic location with good accessibility, positioning of the mall, a compelling tenant mix and anchor stores, and creating a positive customer experience through amenities, entertainment, and marketing.

KLK Land managing director Lee Wen Ling said KLK TechPark is positioned to deliver long-term value not just for investors, but for the wider ecosystem of manufacturers and developers seeking scalable, sustainable and strategically located assets.

Both Senai Airport City (SAC) and Northern Technocity (NTC) are designed with an ecosystem-centric, sector-focused approach, fostering industrial clustering, horizontal linkages, and technology diffusion among investors.

Strategically located in a key industrial zone in Malaysia, LINX Avenue @ Kapar, Klang continues the developer’s legacy of crafting forward-thinking industrial spaces.

The recent Hong Kong tower inferno exposed the fragility of dense urban living and reminded us—painfully—how vulnerable vertical communities are when safety is compromised, deferred or treated as a discretionary cost.