The economics of demolition

The economics of demolition

The Star Online - Business·2026-09-06 08:01

When ageing structures sit on valuable land, stakeholders often clash over what should replace them. Some developers may envision a residential offering while others may want another shopping centre, hotel or integrated development.

In Kuala Lumpur, it is a constant contest for increasingly valuable land. With vacant parcels dwindling, developers are sometimes left to choose between regenerating an existing building and bringing out the wrecking ball.

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