BFM 89.9

HIGHLIGHTS 
Podcast  >  Bigger Picture  >  Beyond The Ballot Box  >  Urban Renewal Act: Yay or Nay?

Urban Renewal Act: Yay or Nay?

Nischal Muniandy, Senior Executive of Research, Institute for Democracy and Economic Affairs (IDEAS)

06-Mar-25 15:00

Urban Renewal Act: Yay or Nay?

The Urban Renewal Act is set to be tabled in Parliament in the first quarter of 2025. This is arguably one of the most prominent pieces of legislation that is set to be tabled by the MADANI government in their first term in power. It has certainly been one of the most hotly debated ones. The act ultimately sets out to facilitate the redevelopment of aging and abandoned urban properties, enable better planning and modernize city spaces. However, the core of the act, which will lower the consent threshold for en-bloc sales, has invited passionate responses. Some worry about the potential displacement of lower-income groups while others are concerned that their rights as landlords will be diminished, among others. 

We unpack some of the key arguments for and against the act and discern if it’s something Malaysia needs. We speak to Nischal Muniandy, Senior Executive of Research, Institute for Democracy and Economic Affairs (IDEAS), and a member of Transit Malaysia.

In this episode, we discuss:

  • The benefits of the Urban Renewal Act and how it can revitalise the city and enable better town planning.

  • How the current legal framework encourages NIMBYism (Not in My Backyard).

  • How the proposed URA and land and development policies in Malaysia compare to other parts of the world known for progressive housing and development rights, such as Australia, China, Singapore and Vienna, which is the capital of Austria.

  • Concerns that the URA could lead to gentrification or worse, the displacement of lower-income groups altogether.

  • If "tyranny of the majority" is a valid argument.

    Image credit: Shutterstock

Produced by: Dashran Yohan

Presented by: Dashran Yohan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  politicspropertygovernmentLaw/Activism

Tags:  the bigger picturebeyond the ballot boxpropertyurban developmenturban renewal actlandlordmadanistrata title





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Geetha Ranganathan, Senior Media Analyst, Bloomberg Intelligence discusses updates in the US media space.

7:45 AM

Morning Brief

Syahredzan Johan, MP for Bangi discusses DAP’s call for a Royal Commission of Inquiry amid allegations of a “corporate mafia” involving MACC officials.

8:00 AM

The Breakfast Grille

Acting High Commissioner to Malaysia M.I. Mohamed Rizvi discusses the trajectory of Sri Lanka.

8:30 AM

Morning Brief

Gandipan Gopalan, Advocacy Manager at the Women’s Aid Organisation, shines a light on the framework and process involving reporting of domestic and sexual violence cases.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Ringgit & Sense

Yuvarajan Periyan, licensed financial planner and co-founder of Uno Advisers talks about 'Pig Butchering' scams.

10:05 AM

Open For Business

Rafiq Razali, CEO, AquFish

11:00 AM

Tech Talk

Afizulazha Abdullah, Chief Enterprise Business Officer, CelcomDigi

12:00 PM

Enterprise Explores

Elad Koren, Vice President of Product Management, Cortex Cloud, Palo Alto Networks

1:00 PM

The Breakfast Grille Repeat

Acting High Commissioner to Malaysia M.I. Mohamed Rizvi discusses the trajectory of Sri Lanka.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Talkback Thursday