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Urban Renewal Act to ensure fair compensation for homeowners

Summary by Penang Property Talk
Prime Minister Datuk Seri Anwar Ibrahim has assured that the proposed Urban Renewal Act will protect homeowners by providing them with revitalised properties, compensation, and living benefits throughout the redevelopment process. Speaking through his senior press secretary, Tunku Nashrul Abaidah, during the Prime Minister’s Office (PMO) daily briefing on Wednesday, Anwar emphasised that the renewal project must be conducted with homeowners’ con…
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Penang Property Talk broke the news in on Sunday, March 23, 2025.
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