Malaysia Redevelops Aging Commercial Block in Kuala Lumpur
1 report, 1 independent
Updated Sep 22
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What happened
Menara Rezeki, an eight-storey commercial block on Petaling Street, reopened as Chinatown 1974. The redevelopment was a collaboration between Menara Rezeki Sdn. Bhd. and UDA Holdings Berhad. Minister Johari Abdul Ghani officiated the opening, noting that aging urban assets hold untapped economic value.
From therakyatpost.com
Why it matters
The project involved the revitalization of an underutilized urban asset in Kuala Lumpur. The Minister noted that such aging properties possess significant untapped economic value.
From therakyatpost.com
Who's involved
- Johari Abdul GhaniOfficiated the urban asset redevelopment project
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The entities involved
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Johari Abdul Ghani
Malaysian businessman and politician
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Malaysia
country in Southeast Asia