The proposed Urban Renewal Bill has lowered consent thresholds for redevelopment to account for the 20–25% of homeowners who may be unable to agree to it due to ownership complications, an official from the town and country planning department (PLANMalaysia) said.
Zarmizan Puji, director of PLANMalaysia’s legal and regulatory division, said its engagement sessions revealed that some homeowners faced hurdles such as unresolved mortgages, outstanding housing loans, and joint ownership disputes.
“Some properties are mortgaged to the bank, so when we offer redevelopment, the owners want to agree to it but say, ‘I have an issue with the bank.’ Others are still paying off loans from years ago.
“In cases of multiple owners, one proprietor may agree while another refuses,” he…