IN Kuala Lumpur, it appears that development is continuously being championed and repelled at the same time, all fighting for space that is running out. “Consider Greater Kuala Lumpur, which has grown to almost the border of Negri Sembilan. “But the problem is, there is no control of the timing and supply of densification. “For example, an owner with land that is zoned under residential, can build up to 200 units of condo units. “But because the council does not control the total amount of supply in that year, there could be 10 developers who decide to build at the same time.
Source: The Star April 09, 2017 23:26 UTC