Malaysia: The Urban Renewal Act is heading to Parliament: What you need to know about how ‘en bloc’ sale affects strata homeowners

/ Owner - February 24, 2025

The proposed Urban Renewal Act (URA), expected to be tabled later this year, could allow the “en bloc” sale of entire strata developments, even if not all owners agree.  This controversial move has sparked both support for revitalising urban areas and concerns over the potential displacement of homeowners, especially those in lower-income brackets.   Read the article…………………………….

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