KUALA LUMPUR (Feb 2): Despite Malaysia’s rapid urbanisation, poverty as well as poor living and working conditions remain an issue in Kuala Lumpur. Informal settlements, run-down public housing and overcrowded low-cost flats make up a significant portion of the city’s urban slums. What exactly is an urban slum, and how can the area be regenerated?

City & Country reached out to property experts Nawawi Tie Leung Property Consultants Sdn Bhd director Saleha Yusoff, Henry Butcher Real Estate Sdn Bhd chief operating officer Tang Chee Meng and CBRE | WTW group managing director Tan Ka Leong, and adviser Foo Gee Jen to delve further into the topic.

Some key highlights of the cover story include discussions of the Kuala Lumpur Structure Plan 2040, a step-by-step process on how residents themselves may initiate redevelopment plans, and insights into the significance of urban redevelopment.

In a separate story on outlet malls, property consultants say most outlet malls in Malaysia have seen solid recovery in the last two years, especially after the pandemic, driven by a rebound in consumer spending and stronger tourism receipts.

In the same issue, we also feature I-Bhd (KL:IBHD), where founder Tan Sri Lim Kim Hong expects stronger financial results for the fourth quarter ended Dec 31, 2024 (4QFY2024) and FY2025 for the company, fuelled by the developer’s expansion into experiential real estate, including the playcation market with WynSports at Wyndham Suites KLCC, and new attractions at i-City.

In our Streetscapes segment this week, we look at the 12.71-acre Solaris Mont'Kiara commercial hub, and how the three-, four- and five-storey shopoffices are performing in terms of transactions, rentals and occupancy levels.

Read the full stories in the Feb 3 issue of The Edge Malaysia weekly.

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