Urban Development Authority of Malaysia

Urban Development Authority Of Malaysia

Urban Development Authority of Malaysia

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The Urban Development Authority of Malaysia (; commonly abbreviated as UDA) was a governmental agency in Malaysia. It served to launch and oversee urban development projects related to business, industry, and housing. It was also tasked with developing urban infrastructure.Abdullah, Mustaza & Hj. Yahya, MatMarjani (1991). Kemahiran Hidup Bersepadu TERAS, p. 109. Dewan Bahasa dan Pustaka. ISBN 983-62-2316-9. After undergoing a couple of status changes, it now exists as UDA Holdings Berhad, a publicly listed company.

History

UDA was established on November 12, 1971 under the Ministry of Public Enterprise. In 1996, it was incorporated and changed its full name to UDA Holdings Sendirian Berhad (UDA Holdings Private Limited). Later in 1999, it changed its status to a public limited company and changed its name to UDA Holdings Berhad. It was subsequently publicly listed on the Main Board of the Kuala Lumpur Stock Exchange (KLSE).

Real estate and property

Development

UDA develops and reappropriates urban structures as it sees fit. Although this is mainly confined to redeveloping "dilapidated buildings", UDA is also responsible for conservation of historic urban buildings. Several new towns have been developed by UDA, including the Taman Tun Dr Ismail suburb of Kuala Lumpur, Bandar Tun Hussein Onn in Selangor, and......
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