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COMMENT | What Nga should do before urban renewal

COMMENT | Why is there a plethora of problems in the property industry, among them abandoned housing projects, unscrupulous developers, cheated buyers, poor construction, delays, excessive profits, and lack of accountability?

Given the width and depth of the intractable problem that property has become, is now the right time to focus on the Urban Renewal Act (URA), whose sole intent seems to be to make it easier for developers to grab property in prime areas which have become valuable and are ripe for redevelopment and substantial profits?


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