KUALA LUMPUR, March 19 — The perception that the Urban Renewal Act (URA) will cause Malays and Bumiputeras to lose their place in the city, or that the law prioritises developers, is incorrect.

Prime Minister Datuk Seri Anwar Ibrahim explained that, on the contrary, the proposed URA will protect the rights of property owners by ensuring fair and significantly higher compensation than is currently provided. 

This was shared by the Prime Minister’s senior press secretary, Tunku Nashrul Abaidah, during the Prime Minister’s Office daily briefing today.

Anwar also added that the law aims to protect the rights and dignity of the people, particularly Malays in the cities, ensuring that the urban poor can live with greater dignity, rather than being left to live in overcrowded conditions for decades without resolution.

Tunku Nashrul stated that “The Urban Renewal Bill is a solution to the struggle between the people and the developers that has been going on for a long time.”

The Prime Minister clarified that there are misconceptions about the original homeowners losing their rights once the law is implemented.

Regarding the concerns about how the original owners would be able to repurchase their renovated homes, Anwar emphasised that one of the key principles of the URA is that housing renewal projects must be carried out through consultation with the owners, ensuring their consent to participate in the project.