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.
……Read full article on The Star Online - Business
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