New laws covering urban renewal and rental agreements in the works, says Nga

Housing And Local Government Ministry News

New laws covering urban renewal and rental agreements in the works, says Nga
Half-Year ReportBillsParliament
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Anwar says the donation was delivered by his political secretary Ahmad Farhan Fauzi, on his behalf recently.

PUTRAJAYA: The Housing and Local Government Minister hopes to table six Bills within the next three years, including a proposed Urban Renewal Act and Residential Tenancy Act .

Nga Kor Ming said the Urban Renewal Bill will be tabled during the first parliamentary meeting next year. “It will allow rebuilding of aged buildings without 100% consent of all the owners,” he said during the presentation of a half-year report on the ministry here on Friday . Nga explained that in cities such as Tokyo and Shanghai, only 60% ownership consent was needed for rebuilding.

In Singapore, meanwhile, the consent rate is 90% for buildings over 10 years old, and 80% for those 30 years and above.The next four Bills will seek to amend the Housing Development Act 1966, Fire Services Act 1988, Local Government Act 1976, and Town and Country Planning Act 1990.He noted that from January to June, the ministry had restored five abandoned projects and 247 sick projects with a total gross development value of RM19.13bil.

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Half-Year Report Bills Parliament Tabling Nga Kor Ming Urban Renewal Act Residential Tenancy Act Amendments Housing Development (Control And Licensing) Act 19 Abandoned Projects Revival

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